Echo Park CA Real Estate & Land For Sale

TOC & CDO approved 14-Unit Development Opportunity ( 3 ADU's can be added ) in prime Echo Park steps away from Echo Park lake, dining and nightlife on Sunset Blvd. Sited on a street to street lot (Park & Bonnie Brae Ave) with sweeping views of DTLA skyline and lake. Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. The lot is 6,232 Sq Ft zoned R3 - Tier 3. Currently improved with 2600 SF (4) unit apartment building (all one bed/bath bath) with one vacancy. Current monthly income $6,794. Seller will not deliver RTI.

Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within close proximity to restaurants & shops. Architectural plans for 2 high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and 2 car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Dept. of City Planning has issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views

We are pleased to present a 5,837 square foot (SF) vacant lot located at 312 N Coronado Street in Los Angeles, California. The subject property is located in a good South Echo Park location just down the street from Echo Park Lake, north of Temple Street and west of Alvarado Street. This offering is positioned on one (1) parcel totaling 5,837 square feet (SF) of land with a zoning ordinance of LAR3-1VL. This allows for seven (7) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories, thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. The subject property is currently a flat, vacant lot ready for immediate entitlements. The site was demolished in 2017, there are no residential units to replace. Tenants will enjoy being within close proximity to Dodger Stadium, Echo Park, Paramount Pictures Studios, and Chinatown. This, in conjunction with easy access to major employment hubs via the -101 and -110 freeways, attracts an ideal market for young professionals. Positioned in a good South Echo Park location, this offering presents an excellent opportunity for an astute developer to capitalize on maximizing density and income with ED1 in a core market of Los Angeles.

We are pleased to present a 100% vacant land development opportunity located just South of Echo Park! Totaling +/-7,457sf of LACW zoned land with base R4 density and Tier 2 TOC, there's potential for a developer to execute on either a market rate or affordable housing development. As a market rate development utilizing the R4 base density and applying Tier 2 TOC bonuses, there's potential for a 31-unit market rate development. As a 100% affordable ED1 development, there's potential for a 30-35 unit development with no parking requirements with an affordable stick on grade type construction.With its close proximity to Echo Park, Dodger Stadium, Chinatown, and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands. Ownership has completed a Geophysical Survey Report and massing study for a market rate development, both of which can be made available upon request. Please note, there is a +/-5-6' access easement that runs along the Southern portion of the property. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.

Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded and no relocation of tenants necessary. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.

ATTENTION: DEVELOPERS AND INVESTORS! Location, Location and Location! First time on the market in 32 years! Property zoned C2-1 with an 8,150 sq ft lot. Great potential to add 2 additional ADU or redevelop the property. Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) eligible. A true golden opportunity to redevelop in one of the fastest growing and highly desirable neighborhoods. Located in the Westlake/Echo Park/Downtown area! This property is located near mass transit, coffee houses, restaurants, bars, museums, theatres, galleries, parks and everything else that L.A. has to offer. Stunning City and DTLA skyline views buyer to do their due diligence prior to submitting offer. For marketing package requests email listing agent.

Opportunity to acquire an RD2-zoned lot and RTI plans to develop a Four Unit Multifamily asset. The plans include (2) Duplexes spanning 5,674 GLA and 15 Bed / 15 Baths. Units consist of (2) 5 Bed / 5 Baths, (1) 3 Bed / 2 Baths and (1) 2 Bed / 3 Baths. 415 Lafayette Park Pl offers a unique opportunity in the highly desirable neighborhood of Echo Park. This 4,783 SF site has convenient access to all of Echo parks entertainment, restaurants, attracations, parks, freeway access and more. The lot has no RSO zoning restrictions and the plans include four large units. Four unit new construction Multifamily is in very high demand as the inventory is low.

Back on the market and ready for your project! Large flat Victor Heights lot with room to create a project that will provide income for many years to come. Property located within 1 mile of Union Station and 0.2 miles from a major transit stop as defined by the Transit Oriented Communities (TOC) Guidelines. Close proximity to Downtown, Chinatown, Dodger Stadium, Echo Park, Sunset Blvd, the 110, and the 101 Freeways. Zoned LAR4P, lot size 4,555 sqft., appx. 45 ft. of frontage by 100 ft. deep.

We are proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling 19,921 square feet of prime land. The proposed development spans an impressive 64,759 square feet and comprises seventy-nine (79) one-bedroom, one-bath units, as well as six (6) two-bedroom, two-bath units. Notably, the project incorporates forty-three (43) conveniently located parking spaces within the first two stories of the building, eliminating the need for subterranean parking. It's worth mentioning that the sellers have dedicated over 3 years to navigate the city approval process, and the plans are now at the advanced stage of being approximately 90% Ready to Issue (RTI) status. Furthermore, the seller has initiated an Ellis Act for the ten remaining tenants in the existing buildings, with a scheduled move-out date set for July 2024.The Westlake neighborhood, nestled in Central Los Angeles, offers a unique blend of residential and commercial living. Bordered by Silver Lake to the north, Echo Park to the northeast, Downtown to the southeast, and Pico-Union to the southwest, with Koreatown to the west, Westlake has a rich history. While it primarily developed in the 1920s, the area has seen a transformation, with many of its historic mansions now converted into apartments. Additionally, new multifamily buildings have been erected in response to the high demand for housing in this dynamic and ever-evolving part of the city.

Build your own dream home on 11,300.9 sq ft of land in the Edendale tract of Echo Park. The lot sits on the north side of Fargo St, situated between Alvarado and Allesandro. This location offers views of the mountains and the Hollywood sign; seller has obtained a recent and favorable geological report which is available upon request.

Nestled within the vibrant pulse of Los Angeles, 1824 Rotary Drive presents an enticing prospect for real estate investors. This expansive lot offers a rare chance to influence the fabric of one of the city's most desirable neighborhoods. Strategically situated, this property boasts close proximity to an array of amenities, encompassing diverse dining, shopping, and entertainment options. With seamless access to major transportation arteries, this parcel of land provides an ideal platform for realizing ambitious development projects. Whether you're an experienced developer seeking new horizons, a savvy investor eyeing promising opportunities, or an individual with a visionary outlook on real estate, 1824 Rotary Dr beckons as an unparalleled investment venture. Seize the moment to secure this exceptional piece of property in one of Los Angeles' most coveted locales.

Sale Price includes 339 & 341 N Virgil Ave. APNs: 5501-002-018 & -019. Must be purchased together. Bank REO Vacant Ideal for Owner UserTwo Single Family Residencies - CombinedRedevelopment potential - [T][Q]MR1-1VL Designated Qualified Opportunity Zone Vermont/Western Transit Oriented District Specific Plan - Subarea D Industrial/ Commercial Convenient Freeway Access (101- Hollywood)+605,324 Residents living within a 3-mile radius

Buy to use or just land bank at this low low price for a view lot in Silver Lake is a great deal!!! Land Survey included with this fine Silver Lake Lot. This is a great private neighborhood and a wonderful opportunity. Watch video 2nd picture under photos & and topography map is under documents.

Street access This lot is at the end of a 3 lot quiet cul-de-sac Bank Owned REO and lender is willing to give buyers terms or accept all cash. Little to No Money Down If Qualified. Great for everyone!!! REO Lender owned lot at the end of a private Cul-De-Sac with only 2 other homes. For either sale or either trade or a combination of both!!!! Seller Carry Back if qualified. REO Lender Owned will finance lots to qualified buyers or traders. Area of million dollar plus homes waiting for you.

Ultra Efficient RTI Development Site in City West. The Plaza Apartments @ City West, a 60-unit multifamily development opportunity in the Downtown Los Angeles submarket. The project is permit-ready and will be delivered with all reports, plans and approvals to the selected Buyer. Designed with area demand and cost consideration paramount, the project is extremely efficient with an average unit size of approximately 582 square feet and no subterranean parking. The project has been subjected to rigorous underwriting and is conceptualized with an intimate understanding of the market by seasoned local experts. Construction is 7-story type III-A with at- and above-grade parking and approximately 36,000sf of rentable area. A unit mix skewed towards studios and 1-bedrooms meets local demand head-on catering to young professionals and small families looking to live as close to Downtown Los Angeles as possible.

Large Down slope R2 lot in the Calm Relaxing Hillside community of Silver Lake. Fast access to the Freeway and Downtown Living while enjoying the serenity of of the hills. Be ready to build your Dream home or take advantage of the R2 Zoning to build ADU's or multiple units

Prime hillside lot located in highly sought after Echo Park. This is a fantastic opportunity for an end-user or developer to build a stunning home nestled in a secluded cul-de-sac. All plans will be delivered RTI. Plans currently exist for a 770 square foot 2 bedroom, 1.5 bath home with a 240 rec room with a thoughtful design that blends indoor and outdoor living. This lot offers serene mountain views and is moments away from the Silver Lake reservoir and dog park, Dodger Stadium, popular shops, cafes, and restaurants. Walk to the top of the stairway which is nestled adjacent to the property and enjoy breathtaking city views. Whether you're looking for a great investment project or ready to make your dream home a reality this opportunity awaits.

Welcome to a rare chance to own a piece of prime land nestled in the vibrant heart of Los Angeles. This vacant 12,270 square feet lot, located near Dodger Stadium, promises not only a prime location but also mesmerizing views that stretch as far as the eye can see.Situated in the charming Silver Lake neighborhood, known for its rolling hills and quiet ambiance, this property offers a magical panorama of the cityscape. Imagine waking up to breathtaking sunrises and winding down with spectacular sunsets, all from the comfort of your future dream home.Tucked away in a secluded cul-de-sac, this parcel of land presents an incredible opportunity for both end-users and developers alike. Whether you envision crafting a bespoke sanctuary tailored to your every desire or embarking on a visionary development project, the possibilities are endless.With privacy at a premium and a 180-degree panoramic view of Los Angeles, this hidden gem beckons those with a discerning eye for opportunity. Don't let this unique chance slip through your fingersact fast and seize the opportunity to turn your dreams into reality.Surrounded by homes, connecting utilities is super easy, streamlining the process of making your dream home a reality. Minutes away from Dodger Stadium, Silver Lake, and other local attractions, this location offers the perfect blend of tranquility and convenience. Embrace the allure of Echo Park Avenue and embark on a journey to create the home of your dreams. Remember, they don't make land anymoreso make your move before it's too late!

Rare land that offers privacy and a 180 panoramic view of LA while still being in the center of Los Angeles. A hidden gem with a long driveway leading to the property. Don't miss out on the chance to make your vision come true! Minutes to Dodger Stadium, Silver Lake, and more.

Unique Development Opportunity in Silver Lake. An approx: 5,871 SF vacant lot, ZONED LAR-2 in the heart of LA's most desirable neighborhood. With staggering sunset views over Franklin Hills to the East, majestic mountain views to the North, close to Griffith Park and notably, will NOT be affected by the pending Los Angeles City Wildlife Ordinance. Adjacent to the historic LA landmark, the Bubeshko Apartments by Rudolph Schindler, the offered property comes with plans for a large three car garage, three-story penthouse duplex (2 units) including blueprints, existing soils (and historic adjacent spoils), engineering and survey reducing development costs considerably. All plans and reports are available upon request per Sellers discretion. @WESTSIDELAND

Build your dream home on these five contiguous lots, totaling 10,205 square feet. These lots are located at the end of a cul-de-sac in a quiet, private neighborhood with stunning views of the San Gabriel Mountains. You'll be close to all the amenities you need, including parks, restaurants, and shops, but also enjoy a peaceful retreat from the hustle and bustle of city life. Nearby Elysian Park is home to Los Angeles' second largest park, offering many hiking trails, picnic areas, and sports fields. Echo Park is a vibrant neighborhood surrounded by artistic culture, delicious food, and beautiful scenery, including Echo Park Lake. Silver Lake is a dynamic and diverse neighborhood, known for its creative community, cafes, restaurants, and boutiques. Dodger Stadium is also nearby, which hosts many concerts and festivals in addition to hosting the Los Angeles Dodgers baseball games. Elementary and High Schools are highly rated, Middle School is a Magnet. There are many forms of transportation that make Rosebud a convenient location. Several Metro bus lines run through the neighborhood, the Chinatown Metro Rail station is only 10 minutes away, and this plot of land is also located near major highways, including the 5, 2, and 110. This is a rare opportunity to own a piece of paradise in the heart of Los Angeles.

The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 - Tier 3 TOC. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. The ownership has conceptual and architectural plans to build 19 units. Of the 19 proposed units, ten are to be 2 bedroom / 2 bathroom units and nine are to be 1 bedroom / 1 bathroom units. A savvy investor can also take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units.

LOCATION! LOCATION! LOCATION! Excellent location for a developer. A great opportunity to buy and build 32 multi-family units. R4 zoning allowing for the potential for many different uses. TOC Tier 3 designation for additional density of allowed number of units. Conveniently located near downtown Los Angeles and Koreatown. Easy to access and near major thoroughfare Olympic Blvd. This single family home is approximately 3,314 SF with approximately 7,225 SF of land in a corner lot with alley access. The listing agent does not guarantee the accuracy of square footage, lot size, bedroom & bathroom count, permits, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

We are pleased to present a 9,986 square foot redevelopment site that is ideal for ED1 located at 4541-4545 Santa Monica Boulevard in Los Angeles, California. The subject property is situated in a prime Virgil Village location two (2) blocks away from Silver Lake, west of Virgil Avenue and north of Santa Monica Boulevard. This offering is positioned on two (2) parcels totaling 9,986 square feet (SF) of land with a zoning ordinance of LAC2-1D where the D suffix is a limitation to the buildable area of the lot, and for conformance to the Vermont/Western Station Neighborhood Area Plan (SNAP). The property is a rare corner, double-lot along Santa Monica Boulevard with two (2) points of access for easy development. The current building is vacant, ready for immediate entitlement process under Executive Directive 1 (ED1). Under the State Density Bonus program CA Code 65915(f)(3)(a)(ii) and pursuant to ED1, the site has no maximum density when qualified as a 100% affordable development (b)(1)(G). Utilizing these guidelines, there is ample potential to design a project at almost any scale, up to around one hundred twelve (112) units while keeping the project under "high-rise" qualifications. Additionally, the site is AB 2097 eligible, meaning there is no minimum parking requirement for ED1 designs, Buyer to verify. The location carries strong market fundamentals, ranking as one of the highest LA County submarkets for apartment unit market absorption. Positioned in a prime Virgil Village location two (2) blocks away from Silver Lake, this offering presents a rare opportunity for an astute developer to capitalize on redeveloping a rare corner, double-lot under ED1 in a core market of Los Angeles.

Mixed Use Development - Build poss 24 Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the B&S Dept., Poss NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a Bus Stop! It's Perfect!!