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$848,000
Est. payment /mo
7,503 Sqft Lot
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25246561
Lot Size 7,503 Sqft
Property Sub-Type Lots/Land
Property Description
Builders & developers! this is your chance to secure a prime development site in the hills of Echo Park. Set on a generous 50x150 ft lot, this land-value opportunity includes two parcels (APNs: 5422-021-004 and 5422-021-005), offering flexible access via an irrevocable easement and right of way. The existing 2-bedroom, 1-bath structure (1,086 SF per assessor) and detached 396 SF bonus building provide options for interim use, but the real value is in the land and its potential for new construction. A leveled parking pad adds to the propertys functionality and convenience. Zoned for residential use and located just minutes from Elysian Park, Sunset Blvd, Silver Lake, and Downtown LA, this site is perfect for building a modern architectural home or maximizing lot use with multi-structure development (buyer to verify). Rarely do you find such a deep lot with dual parcel flexibility in one of LAs most sought-after neighborhoods. Bring your architect and builder this one wont last.
Location
State CA
County Los Angeles
Direction E/Alessandro st, S/Baxter st. W/Alvarado St
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Present Use Residential
Others
Tax ID 5422021009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Fred Ashkar Re/Max Premier Prop Arcadia
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