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We are proud to present a huge development opportunity to purchase a Duplex sitting on a 7,500 SF LACW Lot with RTI plans to build a 29-Unit Building atop a hill overseeing the DTLA skyline in Angelino Heights/Echo Park. The project calls for a 7-story building; 6 of which are residential, 1 for parking (1st floor), 1 basement level for additional parking, and a sprawling rooftop deck common area. Income will include rents from (16) 1 Bed/1 Bath units, (6) 2 Bed/1 Bath units, (7) 2 Bed/2 Baths units and a P.O Box Storage area that will generate substantial extra monthly income. The project is TOC Tier 1 approved. Plans delivered per request. Seller is taking care also of paying for survey and geotechnical investigation. The current duplex will be delivered vacant at close of escrow. MLS® ID: 22211127 Listed: 10/20/22 Updated: 10/24/22 Interior Features Total Bedrooms: 42 Total Bathrooms: 36 Cooling: None Heating: None Exterior/Building Features Lot Size: 7,501 ft2 lot Other Property Details Area Name: C21 - Silver Lake - Echo Park Garage: No Parking: None Parking Total: 21.0 View: N County: Los Angeles Pool: No Total Stories: 7 Zoning: LACW Courtesy of Keller Williams Hollywood Hills, Dan Malka, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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