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Property Facts

Price $2,092,942 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.15 AC
Zoning LAC2 - Commercial

1 Lot Available

Lot

Price $2,092,942 CAD
Price Per AC $13,952,944.50 CAD
Lot Size 0.15 AC

Description

Presenting an exceptional development opportunity to build a stunning, gated contemporary condominium community with fully approved plans already in place. This remarkable project is designed to include four spacious three-bedroom residences, each offering approximately 1,700 square feet of thoughtfully designed living space, along with a beautifully planned duplex featuring approximately 2,200 square feet of living space. A significant portion of the preliminary site work has already been completed, with excavation and shoring nearing completion, allowing the next owner to move forward with construction more efficiently and potentially reduce development timelines. Ideally situated in the highly desirable Echo Park and Angelino Heights neighborhood, the property offers convenient access to Downtown Los Angeles, Dodger Stadium, Echo Park Lake, major freeways, shopping, dining, entertainment, and countless neighborhood amenities. This vibrant, centrally located community continues to experience strong demand, making it an outstanding opportunity for developers, investors, and builders seeking a premier residential project in one of Los Angeles' most sought-after neighborhoods. With approved plans, substantial site preparation already underway, and an unbeatable location, this is a rare opportunity to bring a modern residential development to life while capitalizing on the area's continued growth, enduring appeal, and strong market demand.

Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5405-001-026
Land Assessment
$1,992,692 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,992,692 CAD
  • Listing ID: 41581822

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 1492 W Sunset Blvd, Los Angeles, CA 90026

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