3 VACANT DETACHED BUNGALOW UNITS: 1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Parkin city of Los Angeles. Constructed in 1914, the three vacant detached bungalow style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2,with parking for (2-3) 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 (2) detached 1,200 +/- square foot ADU's and (1) potential basement conversion to an ADU, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has potential to build (19) units on the site by-right or develop a 100%affordable housing project under Executive Directive 1 (ED-1) with unlimited density.
|
DAYS ON MARKET
|
141
|
LAST UPDATED
|
10/8/2024
|
|
YEAR BUILT
|
1914
|
COMMUNITY
|
Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Aug 27, '24
|
$1,485,000
|
| Aug 27, '24 - Today |
$1,350,000 |
| AIR |
None |
| AREA |
Silver Lake - Echo Park |
| GARAGE |
Driveway |
| HEAT |
Wall Furnace |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
7477 sq ft |
| LOT DESCRIPTION |
Back Yard, Front Yard |
| PARKING |
Driveway |
| SEWER |
Other |
| STORIES |
1 |
| STYLE |
Bungalow |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Hills |
| ZONING |
LAC2 |
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Listed with NAI Capital Commercial Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/31/24 2:33 AM PDT 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
This IDX solution is (c) Diverse Solutions 2024.
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