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Property Description

DEVELOPER OPPORTUNITY TO BUILD 24 UNITS. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.

Features
: Wall Furnace
: City Lights
1
0
: Traditional
Additional Information
The Collective Realty
0
CLW-C108138
CLW-X80543
Will
5154022013
: Standard
One
32

Multi-Family For Sale

313 Burlington Avenue, Los Angeles, California 90057

1,550 Sqft
$799,000
Listing ID #24404949
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24404949
Price : $799,000
Living Area : 1,550 Sqft
Lot Size : 5,390 Sqft
Year Built : 1910
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90057
Price Per Square Foot : $515
ModificationTimestamp : 2024-06-25 05:13:03
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