425 N Lake St
Los Angeles, CA 90026
LAR3, Tier 2 TOC Development Site, Echo Park · Land For Sale
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0.28 AC
Investment Highlights
- One of LA's "hottest" development locations
- Zimas zoning showing as LAR3, with a Tier 2 TOC
- Over 12,000 sq ft of LEVEL land
- May be ideal for multi, multi units or a small lot subdivision
Property Facts
Description
There are two current addresses: 419 and 425 N Lake St, Los Angeles, CA. 90026. White-hot 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, 419-425 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 successful bars and restaurants like the original Original Tommy’s (1946), Brooklyn Bagel (1965), Gigi’s Café Cubano, and the newer Woon, Doubting Thomas, Dollar Hits, HiFi Kitchen, Vaka Burger, and Crawfords, catering to both the long-term and the many newer residents of this community. This hot spot has what today’s buyers and renters alike are looking for. There are structures on each lot. Report on development opportunities available PLEASE DO NOT WALK ONTO THE PROPERTY. Call Aimee for more information at 323.369.7065. PROPERTY WEBSITE: https://show.tours/419nlakest?b=0
Property Taxes
| Parcel Numbers | Improvements Assessment | $102,000 | |
| Land Assessment | $1,530,000 | Total Assessment | $1,632,000 |
Property Taxes
