1164 Sunset blvd - Residential LAND FOR SALE


Los Angeles, CA 90012- Echo Park15,002 SF
$3,500,000 USD
818-212-2748
1164 Sunset blvd, Los Angeles, CA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/8
15,002 SF

1164 Sunset blvd
Los Angeles, CA 90012
Echo Park


HIGHLIGHTS

  • Fully RTI Plans
  • 5-Story, 53-Unit Project
  • Corner Lot w/ 150sf of Frontage
  • Great Unit Mix | Spacious Units
  • Requires 4 Low Income Units
  • Prime Echo Park Location

OVERVIEW

The LAAA Team of Marcus & Millichap is pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with a prime view of the Downtown Los Angeles skyline. This project will be delivered with Ready to Issue (RTI) permits for a carefully designed 5-story, 53-unit apartment building. 1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare find, consisting of five contiguous lots with approximately 150 feet of frontage along Sunset Blvd. Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a vibrant, walkable district featuring a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$10,164,000/AC

PRICE/SF

$233 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

RTI 53-Unit Development | Echo Park

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.34 AC

LAND SF

15,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2

APN/PARCEL ID

5405-028-001,5405-028-002,5405-028-003,5405-028-004,5405-028-005

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.