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$4,350,000price
Beds
Total Baths
Sqft

Once in a lifetime opportunity to acquire 19,388 square feet of LAC2 land in the hippest part of LA, Echo Park. The property includes 3 adjacent parcels with a single family residence and 5 unit income property bringing a total income combined of $9,438 per month as well as a vacant lot with plans approved for 5 condos. 150 feet of frontage on Sunset Blvd. Recent sale across the street? Brickworks for $9.5M, slated for 15,000 square feet of retail space featuring a trendy food-court-style collection of eateries. Newer rentals in the area? Achieving over $3.50 per foot. Additional benefit of backing up to an alley for accessibility. A burgeoning area with proximity to downtown and local hotspots with incredible possibilities.

Listing Details

Essential Information

MLS® #: 17256610
Price: $4,350,000
Bathrooms: 0.00
Type: Land
Status: Active

Community Information

Address: 1488 W Sunset
Area: Silver Lake - Echo Park (C21)
City: Los Angeles (City)
County: Los Angeles
State: CA
Country: UNITED STATES OF AMERICA
Zip Code: 90026

Amenities

View: City View, City Lights View, Hills View, Peek-A-Boo View

Exterior

Lot Description: Street Concrete

Additional Information

Date Listed: August 10th, 2017
Days on Market: 74
Zoning: LAC2
HOA Fees: 0.00
Listing Agent: Grant Linscott (01715002)
Listing Office: Keller Williams Realty Los Feliz
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Last updated on October 23rd, 2017 at 4:59pm PDT