425 Lake Street

Los Angeles, CA 90026

$1,600,000

Sold Price
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Property Description

Substantial Price Adjustment for this exceptional opportunity for housing development in Echo Park. Two adjacent lots totaling 12,009 square feet of flat land, with the advantage of being zoned R3 with Tier 2 TOC. Make your mark in a burgeoning neighborhood. Proximate to Silver Lake, East Hollywood, Historic Filipinotown, Westlake, and DTLA. 419-421 and 425 N. Lake's location is PRIME! Nearby you'll find a New Target (2021), vibrant parks, public transportation, and EV charging stations, along with established long-standing successful bars and restaurants like the original Original Tommy's (1946), Brooklyn Bagel (1965), Gigi's Cafe Cubano, and the newer Woon, Doubting Thomas, Dollar Hits, HiFi Kitchen, Vaka Burger, and Crawfords, catering to both the long-term and newer residents of this community. This spot has what today's buyers and renters alike are looking for. Report on development opportunities available. Properties are to be sold together.

Listing Information

Close Price $1,600,000
Close Date Wednesday, May 15th, 2024
Status Closed
MLS 23288915
Type Residential Income
Lot Size 12,009
Structure Size N/A
DOM 310
Courtesy Of Coldwell Banker Realty
Listing Agent Aimee Benell DRE#01302788

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Aimee Benell, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of May 15th, 2024 at 7:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.