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$ 3,500,000
Est. payment | /mo
0.35 Acres Lot
$ 3,500,000
Est. payment | /mo
0.35 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25478461
HOA Y/N No
Lot Size 0.353 Acres
Acres 0.35
Property Sub-Type Unimproved Land
Property Description
We are pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with an exceptional view of the Downtown Los Angeles skyline.Spanning fve contiguous lots and totaling approximately 15,398 square feet of C2-1VL zoned land, this site presents a rare opportunity to develop a 124-unit mixed-use residential project in the vibrant Echo Park neighborhood of Los Angeles. With full eligibility for incentives under the Mixed Income Incentive Program (MIIP) and AB 2097 parking waivers, this site offers high-density potential on a commercial corridor with minimal entitlement risk. The project allows up to 6 stories, 67 feet in height, and no parking requirementsmaximizing design flexibility and return on investment.Additionally, by incorporating Public Benefit into the project, a developer may be eligible for an extra 22 feet of height and an additional 2.0 FAR.We can also deliver the adjacent 10 lots if a developer wishes to design a larger project, totaling 45,398 square feet of land.Echo Park is rapidly transforming into one of Los Angeles' most sought-after communities. Known for its walkability, eclectic charm, and vibrant local culture, the neighborhood blends new development with independent retail, dining, and creative spaces. Its central locationjust minu
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5405028001
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Listed by Filip Niculete • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "