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Nicole Darwin

Engel & Völkers

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 1,250,000

Est. payment -/mo

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1762 Glendale BLVD Los Angeles, CA 90026

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,943 sqft

Price per Sqft $643

MLS Listing ID 25511137

Bedrooms 3

Construction Status Fixer

HOA Y/N No

Year Built 1914

Lot Size 7,474 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 C21 - Silver Lake - Echo Park

Zoning LAC2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile

Fireplace No

Exterior

Parking Features Driveway

Community Features Gated

View Y/N Yes

View Hills

Total Parking Spaces 2

Building

Lot Description Back Yard, Front Yard

Faces West

Story 1

Entry Level One

Sewer Other

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5423005002

Security Features Gated Community

Financing Cash

Special Listing Condition Standard

Listed by Tim Steuernol • NAI Capital Commercial Inc.

Nicole Darwin

Advisor

+1(707) 330-4357

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