Views
Address
241 N Union Avenue Los Angeles, CA
Price
$ 5,450,000
Property Attributes
  • MLS#21763122
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake - Echo Park
  • Zip90026
  • Style
  • Price$ 5,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.66 Acres
Listing Provided Courtesy Of:
Dario Svidler with Compass
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

We are proud to exclusively present for sale a Fully Entitled 18 Small Lot Subdivision with an approved Vesting Tentative Tract Map just south of Echo Park Lake in Historic Filipinotown. With an oversized 28,700 SF RD1.5-1 Tier 2 double-lot on an alley with a gently sloping lot that can lead to some nice area views, this property sits on an extra wide street with architectural Churches across the street and a few doors down. Situated in a unique neighborhood with easy access to the 101 Freeway, this property is a block away from the restaurants on Temple Street to the north and Beverly Blvd. to the south, and just down the street from the Echo Park Tennis Courts. Central is the game here, being about a mile to the heart of commercial Echo Park and almost as close to Silver Lake, the MacArthur Park Metro Subway Station and Downtown LA, this Small Lot Opportunity is sure to be in very high demand once the individual homes hit the market. The property has already been demo'd, so there are no relocation headaches. The transaction includes a Concept Project that should be ready to submit to Plan Check soon after the Close of Escrow. The Concept Project consists of multi-story homes with roof-top decks. Homes range from 1,608 to 1,919 SF. Six Style A Units consist of 3 Beds + 3.5 Baths with side-by-side garages. Six Style B homes will have 3 Beds + 3.5 Baths in addition to a 194 SF Entry with Closet, and side-by-side garages. Six Style C homes will have 4 beds + 3 Baths and tandem garages. With around 31,235 SF of livable square footage and 4 guest parking spaces, this project is sure to please. Transaction includes 241 & 245 Union Ave. with two APNs: 5159-009-013 and 5159-009-014.

Price History
7/20/2021 Listed $6,690,000
10/7/2021 19% - $5,450,000

General Features

Listing Agent Dario Svidler - BRE#01884474
Listing Agent State License 01884474
Lot Size Square Feet 28700
MLS Area C21 - Silver Lake - Echo Park
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Zoning RD1.5-1 Tier 2

Exterior Features

Lot Dimensions 140x205
Lot Size Acres 0.66
Lot Size Area 28700
Lot Size Source Assessor
Lot Size Units Square Feet
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90026

Price
AVG $2.66M
$5.45M
Visits
AVG 10
15
Walkscore
AVG 89
82
Data Provided by Walkscore ® not using MLS data

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