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$1,095,000
Est. payment /mo
6 Beds
5,291 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,291 sqft
Price per Sqft $206
MLS Listing ID CL26661015
Bedrooms 6
HOA Y/N No
Year Built 1910
Lot Size 3,661 Sqft
Acres 0.08
Property Sub-Type OTHER
Property Description
RTI development opportunity in a prime Central Los Angeles location. This property comes with Ready-To-Issue plans for a 5-unit residential project, consisting of 4 units plus 1 Accessory Dwelling Unit (ADU).The approved plans include a 2-story building with basement, totaling approximately 5,291 square feet, designed with an efficient and desirable unit mix. The layout includes a combination of one- and multi-bedroom units, as well as a dedicated ADU, providing flexibility for rental income. Project features include: Roof deck and open space areas with 3 carport spaces and 1 enclosed garage and Modern configuration suitable for today's rental market! Located in an R4-zoned area (Central City West), the property is positioned near Echo Park, Silver Lake, and Downtown Los Angeles, with convenient access to major employment centers, transportation, and amenities.This is an ideal opportunity for developers or investors to move forward with construction without the time and uncertainty of the entitlement process.Plans and additional documentation available upon request.
Location
State CA
County Los Angeles
Zoning LACW
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Exterior
View Y/N true
View City Lights
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5160014023
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Listed by Cristina Dam • Keller Williams Realty Los Feliz
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122