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Los Angeles, CA 90026 1932 Park Avenue

$1,300,000

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Presented By: Sabina Yi with Keller Williams Beverly Hills;
  • MLS# 24345433
  • 01/09/2024
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Home Details

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.
Presented By: Sabina Yi with Keller Williams Beverly Hills;

Interior Features for 1932 Park Avenue

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixAvenue

General for 1932 Park Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market8
DirectionsOn Park Ave near Sunset Blvd
DisclosuresPrincipalisRealEstateLicensed
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6322.0
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NamePark
ViewCityLights, Lake
View Y/NYes
Waterfront Y/NNo
ZoningLAR3

Exterior for 1932 Park Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1451
Lot Size Area6322.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,300,000
MLS#24345433
List Date 01/09/2024
Property Type Land
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors