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1321 Laveta Ter - Laveta New Homes

0.12 Acres of Residential Land Offered at $571,069 CAD in Los Angeles, CA 90026

Investment Highlights

  • Walking Distance to Sunset BLVD & Echo Park lake
  • One of the lowest priced lots in Echo Park
  • Amazing views

Executive Summary

Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within proximity to restaurants & shops. Architectural plans for two high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and two car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Department of City Planning had issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. That letter has since expired but can be reapplied for by the new buyer. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views
Agent Remarks : Reports are available upon request. E-mail me a request at chrisfurstenberg@gmail.com. The picture(s) of buildings is a rendering subject to change. Call Chris Furstenberg@ at 323.422.2244 for more information.

Property Facts

Price $571,069 CAD
Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.12 AC

1 Lot Available

Lot

Price $571,069 CAD
Price Per AC $4,748,183 CAD
Lot Size 0.12 AC

Located in the heart of Echo Park. Up hill sloped lot, Walking distance to Sunset Blvd.

Description

Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within proximity to restaurants & shops. Architectural plans for two high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and two car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Department of City Planning had issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. That letter has since expired but can be reapplied for by the new buyer. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views Reports are available upon request. E-mail me a request at chrisfurstenberg@gmail.com. The picture(s) of buildings is a rendering subject to change. Call Chris Furstenberg@ at 323.422.2244 for more information.

Walk Score ®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5419-025-001
Land Assessment
$546,130 CAD
Improvements Assessment
$0 CAD
Total Assessment
$546,130 CAD

zoning

Zoning Code LAR2
LAR2
  • Listing ID: 27403228

  • Date on Market: 2022-12-29

  • Last Updated:

  • Address: 1321 Laveta Ter, Los Angeles, CA 90026

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