163 N Edgeware Road presents a fully entitled multifamily development opportunity in the Echo Park /City West submarket, just minutes from Downtown Los Angeles. The property is offered with approved plans and approx. 80% of permits paid for a 18-unit plus 2 ADU residential project, allowing a developer to immediately proceed to construction. Fully entitled and permit-paid for 20-unit development.High-density TOC project with reduced parking requirements Efficient 8,710 SF design maximizing rent per SF Only 4 required parking spaces with a potential to add 2additional ADU’s (1-1 bed & 1-2 bed) providing additional income upside and a 22 unit project.Eliminates entitlement risk and shortens development timeline. Seller has paid approx. $350,000 to $400,000 in permits, architecture, engineering, expediter, relocation fees.Prime Echo Park / City West location near Downtown LA, located in a supply-constrained, high-demand rental submarket. The unit mix includes studios, loft-style units, and one-bedroom apartments, targeting a broad renter base in a high-demand submarket. The inclusion of ADU’s provides additional income with minimal incremental construction cost, further enhancing project returns.With approvals in place, the project offers immediate execution and avoids the uncertainty, time, and expense typically associated with entitlements in Los Angeles.
Property Details
Price:
$1,595,000
MLS #:
26820711
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c21silverlakeechopark
Listed Date:
Apr 30, 2026
Lot Size:
4,778 sqft / 0.11 acres (approx)
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Community
- Address163 N Edgeware RD Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of May 02, 2026
520
Land Listed
161
Avg DOM
$1,551,076
Avg List Price
Property Summary
- 163 N Edgeware RD Los Angeles CA is a Land for sale in Los Angeles, CA, 90026. It is listed for $1,595,000 and features 0 acres.
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