Lee & Associates Investment Services Group is pleased to present the sale of 1033 N. Coronado Street, a 2,596-square-foot vacant triplex located just south of Sunset Boulevard in the highly desirable Silver Lake/Echo Park neighborhood of Los Angeles. The building sits on a 7,500-square-foot lot along an alleyway for easy ingress and egress. The property, zoned RD2-IVL, offers a value-add investor the opportunity to expand and reposition the existing structure. However, the offerings true potential is in creating four large and spacious ground-up dwelling units. The current owner, having already started the architectural, planning, and structural process, is ready to hand off the opportunity to an investor/developer or value-add buyer looking to develop and hold for cash flow or sell for gain in this prime Los Angeles market. Seller to provide demo permits.
DAYS ON MARKET
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16
|
LAST UPDATED
|
2/15/2021
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YEAR BUILT
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0
|
COMMUNITY
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671 - Silver Lake
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COUNTY
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Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
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Lot/Land/Acreage
|
|
|
AREA |
671 - Silver Lake |
LOT |
7405 sq ft |
LOT DESCRIPTION |
Rectangular Lot, Value In Land |
LOT DIMENSIONS |
50x150 |
SEWER |
Other |
VIEW |
Yes |
VIEW DESCRIPTION |
Hills,City Lights,Mountain(s) |
ZONING |
LARD2 |
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Listing provided by : Jesse Munoz CalDRE: 01372980, Colliers International Greater Los Angel
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Based on information from California Regional Multiple Listing Service, Inc. as of 2/23/21 4:51 AM PST and /or other sources. 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
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