Listed by Filip Niculete, Marcus & Millichap,

1411 W COURT Street

Los Angeles, CA, 90026

$5,600,000

$5,600,000
Active
Active
 - For Sale
property_type
Land
We are pleased to present 1411-1415 W Court Street, a fully RTI 46 unit development opportunity located in South Echo Park, primed for a skyline view of Downtown Los Angeles. 1411-1415 W Court Street is situated on 12,040 square feet of land zoned LACW. The plans call for an excellent unit mix of (19) Studios, (3) 1 Bed, 1 Bath, (9) 2 Bed, 1 Bath, (5) 3 Bed, 3 Bath, and (10) 4 Bed, 3 Bath units.1411-1415 W Court Street is a rare opportunity comprised of two contiguous lots improved with a duplex and five unit apartment building to be demolished. The lot boasts 12,040 square feet of land zoned CW (Central City West) with rear alley access that connects from Patton Street to Douglas Street. The property is located just east of Glendale Boulevard and just south of the 101 freeway, providing easy access to Downtown Los Angeles and Echo Park, one of the trendiest neighborhoods in Los Angeles.1411-1415 W Court Street is fully entitled and will be delivered with Ready to Issue (RTI) Permits for a thoughtfully designed 46 unit apartment building. The building will include an innovative and cost efficient puzzle parking system, providing ample parking while eliminating the need for an additional level of subterranean parking. The plans also call for an excellent unit mix of (19) Studios, (3) 1 Bed, 1 Bath, (9) 2 Bed, 1 Bath, (5) 3 Bed, 3 Bath, and (10) 4 Bed, 3 Bath units.South Echo Park is quickly becoming one of the most exciting neighborhoods in Los Angeles. A vibrant walkable district with a combination of several brand new developments and boutique retail and dining, South Echo Park is emerging as rapidly as any other in Los Angeles. The immediate area is specifically targeted by young professionals due its extremely close proximity to Downtown Los Angeles, Echo Park, Silverlake, Westlake, and Koreatown.
MLS® ID:
22131087
Listed:
2/23/22
Updated:
8/8/22

Exterior/Building Features

Lot Size
0.28 acres lot

Other Property Details

Area Name
C21 - Silver Lake - Echo Park
Garage
No
Parking
N
View
Y
County
Los Angeles
Pool
No
Zoning
LACW

 

Listed by Filip Niculete, Marcus & Millichap,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 1:34 AM UTC, 8/8/22

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