3 VACANT DETACHED BUNGALOW UNITS: 1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Parkin city of Los Angeles. Constructed in 1914, the three vacant detached bungalow style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2,with parking for (2-3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add-value. From remodeling the existing vacant bungalow units with potential to build (2) detached 1,200 +/- square foot ADU’s and (1) potential basement conversion to an ADU, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has potential to build (19) units on the site by-right or develop a 100%affordable housing project under Executive Directive 1 (ED-1) with unlimited density.
Property Details
Price:
$1,350,000
MLS #:
24403425
Status:
Active
Baths:
0
Address:
1762 Glendale Boulevard
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Jun 12, 2024
State:
CA
ZIP:
90026
Lot Size:
7,477 sqft / 0.17 acres (approx)
Year Built:
1914
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Schools
Interior
Cooling
None
Flooring
Laminate, Tile
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Lot Features
Back Yard, Front Yard
Parking Features
Driveway
Parking Spots
2.00
Security Features
Gated Community
Sewer
Other
Stories Total
1
View
Hills
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1762 Glendale Boulevard Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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Courtesy of NAI Capital Commercial Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1762 Glendale Boulevard
Los Angeles, CA
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