We are proud to present for sale a 28k SF Lot zoned (Q)CM-1VL-RIO in the Frogtown neighborhood of Elysian Valley, sandwiched between Echo Park and Mount Washington! Currently a vacant lot that sits next to a Community Garden and across the street from a large new construction project that will include 100 SLO Units and approximately 27k of Retail Space, this large corner lot features around 330 feet of frontage and is a hop and a skip to the LA River Bicycle and Walking Path. Maximize the use of the lot with the potential for around 149 units by ED-1, with a nearly 100k SF building envelope or focus on building 23+/- units by right or 67+/- units by AB1287. Frogtown is the new "it" place, close to Downtown, Atwater, Silver Lake, Echo Park, Highland Park, but featuring it's own identity with it's own restaurants (fine to casual), nightlife (Zebulon), coffee shops (La Colombe), brewery (Frogtown Brewery), entertainment (The Elysian) and much more! There is no RSO! There is no need to relocate anyone - the property is currently being used as a surface parking lot. The property is in an Opportunity Zone and in a CTCAC/HCD Moderate Resource Opportunity Area. The land has a requirement to provide parking for the development across the street, which would provide a monthly income upon completion. Listing includes 3 APNs: 5442-007-022, 5442-007-023 & 5442-007-024.
The income description goes here to explain
List Price | $6,350,000 |
Property Type | Lots/Land |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 0 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 5442007024 |
MLS # | 24444307 |
Property ID | 320880726 |
Lot Sqft | 28,074 |
Zoning | [Q]CM-1VL-RIO |
Days on Market | 9 |
Original List Price | $6,350,000 |
Date Updated | October 02, 2024 |
Date Created | September 24, 2024 |
Dario Svidler an agent of . Lic #01884474
© 2024 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of October 02, 2024 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT