Available For Sale - Multifamily

0 SF | Show Pricing $

Multifamily Space in Los Angeles for sale

LISTED BY

Tim Steuernol
NAI Capital, 310-440-8500
Rob Zaharia
NAI Capital, 310-650-3510
Jake Malloy
NAI Capital, 626-394-3551

AVAILABILITY DETAILS

Size
0 SF
Price/SF
Show Pricing $
Listing ID
SA541103
Notes
1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Park in city of Los Angeles. Constructed in 1914, the three detached bungalow style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2, with parking for (3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add-value. From remodeling the existing vacant bungalow units with potential to build an ADU and Junior ADU on the lot, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has potential to build (18) units on the site by-right, or develop a 100% affordable housing project under Executive Directive 1 (ED-1) with unlimited density.
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Tim Steuernol, NAI Capital