1762 Glendale Blvd Active

Los Angeles,CA 90026

$ 1350000

3 Beds

3 Baths

1943 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,943 sqft

Price per Sqft $694

MLS Listing ID 24-403425

Style Bungalow

Bedrooms 3

Year Built 1914

Lot Size 7,477 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate, Tile

Equipment Ceiling Fan

Laundry In Unit

Exterior

Garage Driveway

Garage Spaces 2.0

Waterfront Description None

View Y/N Yes

View Hills

Building

Lot Description Back Yard, Front Yard

Story 1

Sewer In Street

Water Public

Others

Special Listing Condition Standard

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