*** DEVELOPERS AND/OR INVESTORS OPPORTUNITY *** This is a prime opportunity to develop a residential project in the highly sought-after neighborhood of Echo Park. With the potential to demolish the Garage and build a few ADU's in the back yard, also CDO plan and City of Echo Park Engineers (City of Los Angeles) have mentioned that existing Single family Residence can be added multiple units. Demolish Permit for the Garage has been paid already **(see supplementals for more info) **this project offers excellent value in one of LA's most vibrant and rapidly growing areas. This property presents an exciting opportunity to capitalize on the growing demand for residential living in Echo Park, a neighborhood that attracts young professionals, artists, and creatives. We strongly advise all prospective buyers and their agents to verify all zoning, permitting, and development requirements with the City of Los Angeles prior to moving forward with any plans or offers. *** PROPERTY CURRENTLY PRODUCES INCOME AS IT'S BEING USED AS AN AIRBNB *** *** CURRENT OWNER MIGHT BE ABLE TO PROVIDE PLANS, PAID PERMITS, SOILS REPORTS, ETC.. *** *** SEE SUPLEMENTALS FOR PRO-FORMA AND TOC INFORMATION ***
Days on market: 69
Listing updated: April 10, 2025 - 12:02:04
Listed by: Hector Benavidez DRE #01337609 714-584-2700, KELLER WILLIAMS REALTY - Citrus Valley
Source: Citrus Valley, MLS#: 52178 Originating MLS: CRMLS
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