$3,500,000
For Sale

1164 W Sunset Boulevard

Los Angeles, CA 90012
Listing OfficeMarcus & Millichap
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with a prime view of the Downtown Los Angeles skyline. This project comes with Ready to Issue (RTI) permits for a carefully designed 5-story, 53-unit apartment building.1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare fnd, consisting of fve contiguous lots with approximately 150 feet of frontage along Sunset Blvd.Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.

  • Property Details
      • CountyLos Angeles
      • Original List Price$3,500,000
      • Property TypePurchase
      • MLS #25478461
      • MLS #25478461
      • Cost3500000
      • Acres0.3444
      • Property SubtypeLand

Location

Augie MendozaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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