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1340 Glendale BLVD Los Angeles, CA 90026
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Key Details
Sold Price $1,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22180317
Lot Size 8,746 Sqft
Property Description
***SELLER EXTREMELY MOTIVATED, BRING IN ALL OFFERS*** This could be the greatest investment of the year! With 2 strong exit strategies, this is a versatile project. The large flat lot of 8,747 sqft (LAC2 zoning) is located in an Enterprise zone. Architectural plans are available for a 40-unit Section 8 project without any parking requirements. Also available are architectural plans for a mixed-use 32-unit market-rate project with two retail stores on the ground floor along with a 250-square-foot kiosk and one level of subterranean parking. This is a straightforward build with an unbeatable location. Tenants will be a short walk to the metro line, restaurants, supermarkets & parks. This property is less than 1 mile from the Dodgers Stadium, Silverlake, and less than a half-mile from the Echo Park Swan Boats. Do not miss out on this incredible development opportunity!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAC2
Exterior
View Y/N Yes
View City Lights, Canyon, Hills, Panoramic, Valley, Trees/Woods
Building
Lot Description Irregular Lot
Sewer Other
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
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Bought with Jonny Ahdoot Realty One Group United
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