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Listed by Carlos Barron, DRE #01887430 • T.N.G. Real Estate Consultants
$ 1,050,000
Est. payment | /mo
6,654 Sqft Lot
$ 1,050,000
Est. payment | /mo
6,654 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26067979
Lot Size 6,654 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Vacant LAR4-1 Multifamily Development Site - Ready to Build Exceptional opportunity to acquire a fully cleared 6,654 SF LAR4-1-zoned lot in a rapidly evolving Los Angeles submarket. Featuring approximately 41 feet of frontage and 163 feet of depth, the site offers an efficient and highly usable footprint for multifamily design and construction. The property is currently vacant following the demolition of prior improvements, allowing a developer to move directly into planning and entitlements without the delays or costs associated with tenant relocation or structure removal. Zoned LAR4-1, the site supports high-density residential development and is well-suited for a ground-up apartment or condominium project. Based on standard density allowances, the lot can potentially accommodate 10+ units by right, with additional upside potential through Transit-Oriented Communities (TOC) incentives and density bonus programs. Strategically located in the Echo Park Neighborhood Council, the property is just minutes from Downtown Los Angeles and surrounded by some of LA's most dynamic neighborhoods, including Echo Park, Silver Lake, and Koreatown. The site offers convenient access to major freeways (101, 110, 10, 5, and 60), providing excellent regional connectivity. Nearby life
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LW,LSR,PRK
Exterior
View None
Building
Water District - Public
Others
Tax ID 5157017015
Special Listing Condition Not Applicable
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