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Property Description

1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Parkin city of Los Angeles. Constructed in 1914, the three 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.

Features
: Wall Furnace
: Hills
1
0
: Bungalow
Additional Information
NAI Capital Commercial Inc.
0
CLW-C138002
CLW-X82972
Tim
5423005002
: Standard
1.20
One
32

Multi-Family For Sale

1762 Glendale Boulevard, Los Angeles, California 90026

1,943 Sqft
$1,485,000
Listing ID #24403425
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24403425
Price : $1,485,000
Living Area : 1,943 Sqft
Lot Size : 7,477 Sqft
Year Built : 1914
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90026
Price Per Square Foot : $764
ModificationTimestamp : 2024-06-20 05:10:15
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