1762 Glendale Boulevard,Los Angeles, CA 90026
Los Angeles, CA 90026
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.
Details
| MLS# | 25511137 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 44 |
| Listing Provided By | NAI Capital Commercial Inc. 818-905-2400 | Tim Steuernol |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,943 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.17 |
| Property View | Yes |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,150,000 low | high Med: $1,160,000 SqFt: 1,943 low | high Med: 2,944 $ / SqFt: $592 low | high Med: $394 On site: 44 low | high Med: 99.000000 | |