Excellent development opportunity to develop new multi-family units
The Property is is an ideal development site. It is on a gentle uphill sloop with with an alley easement on top and Union Blvd below.
The estimated dimensions are as follows. Large frontage (52.75) 50 (rear) 159.35 North side, 170 South Side. Land 8340 SQ FT- Zoned Lar3-1 TOC: Tier 2
The land is in-between two existing lots their is an adjacent- contagious lot that is similar in size that could also be purchased from another owner if you come to terms.
Located South of Beverly Blvd, East of Union ave, and West of Lucas ave, minutes to Echo Park Lake, Silver Lakes sunsets junction and Downtown Los Angeles including the Lakers Crypto.com stadium.
Close to all Freeways 101,110, 2, 5, 60 -
• Build up to 18 units with density bonus (Buyer to do their own due
• Great location near Silver Lake, Echo Park, Downtown Los Angeles,
Crypto.com Arena, and USC
• Recently upgraded aquatic center nearby
• Adjacent to all major freeways
• Easily accessible to many restaurants in Silver Lake and Downtown
• Available front street access and back alley access