1762 Glendale Boulevard
Los Angeles, CA, 90026
$1,350,000
Beds
0 Baths
SqFt
0.17 Acres
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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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1762 Glendale Boulevard
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