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||61||LAST UPDATED||4/14/2021|
|YEAR BUILT||0||COMMUNITY||671 - Silver Lake|
|AREA||671 - Silver Lake|
|LOT||7405 sq ft|
|LOT DESCRIPTION||Rectangular Lot, Value In Land|
|VIEW DESCRIPTION||City Lights,Hills,Mountain(s)|
TOTAL MONTHLY PAYMENT
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