1164 Sunset blvd - RTI 53-Unit Development | Echo Park
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1164 Sunset blvd - RTI 53-Unit Development | Echo Park
0.34 Acres of Residential Land Offered at £2,805,250 in Los Angeles, CA 90012
Investment Highlights
- Fully RTI Plans
- Corner Lot w/ 150sf of Frontage
- Requires 4 Low Income Units
- 5-Story, 53-Unit Project
- Great Unit Mix | Spacious Units
- Prime Echo Park Location
Executive Summary
The LAAA Team of Marcus & Millichap is pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with a prime view of the Downtown Los Angeles skyline. This project will be delivered with Ready to Issue (RTI) permits for a carefully designed 5-story, 53-unit apartment building.
1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare find, consisting of five contiguous lots with approximately 150 feet of frontage along Sunset Blvd.
Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a vibrant, walkable district featuring a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.
1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare find, consisting of five contiguous lots with approximately 150 feet of frontage along Sunset Blvd.
Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a vibrant, walkable district featuring a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £2,805,250 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Price | £2,805,250 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.34 AC |
1 Lot Available
Lot
| Price | £2,805,250 | Lot Size | 0.34 AC |
| Price Per AC | £8,146,437 |
| Price | £2,805,250 |
| Price Per AC | £8,146,437 |
| Lot Size | 0.34 AC |
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Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (78)
zoning
| Zoning Code | C2 |
| C2 |
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1164 Sunset blvd - RTI 53-Unit Development | Echo Park
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