126 N Park View St

    Los Angeles, CA 90026
    • $739,000
    • STATUS: Active
    • ON SITE: 137 days
    • MLS #: 19-531508
    UPDATED: 25 min ago
    $739,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    PRICE REDUCED!! We are pleased to present for sale an R3-1, TOC-TIER 1 VACANT LAND development opportunity located in the highly gentrifying Historic Filipinotown area, minutes away from Silver Lake and Echo Park. Lot size is approximately 7,997 sqft, meaning a developer can build 9 units by right or up to 15 units utilizing the TOC regulations. TOC also provides for reduced parking and setback requirements (buyer to verify all zoning and TOC regulations with LADBS). There is the potential to purchase the neighboring 8,000 sqft lot, which consists of a single family residence (potential to build up to 30 units with both lots!!!!). ~$50,000 per door pre-construction with TOC! Buyers are strongly encouraged to review the site with their architect/engineer prior to submitting an offer. Don't miss this fantastic opportunity to build in a highly gentrifying area of Los Angeles with strong rental demand!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-06T16:42:20.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/101152227

    126 N Park View St Los Angeles, CA 90026

    • Price: $739,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 19-531508
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    PRICE REDUCED!! We are pleased to present for sale an R3-1, TOC-TIER 1 VACANT LAND development opportunity located in the highly gentrifying Historic Filipinotown area, minutes away from Silver Lake and Echo Park. Lot size is approximately 7,997 sqft, meaning a developer can build 9 units by right or up to 15 units utilizing the TOC regulations. TOC also provides for reduced parking and setback requirements (buyer to verify all zoning and TOC regulations with LADBS). There is the potential to purchase the neighboring 8,000 sqft lot, which consists of a single family residence (potential to build up to 30 units with both lots!!!!). ~$50,000 per door pre-construction with TOC! Buyers are strongly encouraged to review the site with their architect/engineer prior to submitting an offer. Don't miss this fantastic opportunity to build in a highly gentrifying area of Los Angeles with strong rental demand!
    Exterior Features

    Lot Size Area 7998 View Description Other View YN Yes

    Property Features

    Cable YN No Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-06T16:42:20.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260