1762 Glendale Boulevard

Los Angeles, CA 90026

PRICE REDUCED

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-$135,000 (-9.09%)

$1,350,000

List Price

3

bed Beds

3

shower Baths

1,943 sqft

straighten / sqft

1914

calendar_month Built

Property Description

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.

Listing Information

List Price $1,350,000
Status Active
MLS 24403425
Type Residential Income
Year Built 1914
Lot Size 7,477
Structure Size 1,943
DOM 76
Courtesy Of NAI Capital Commercial Inc.
Listing Agent Tim Steuernol DRE#01742766

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 3
Flooring Information
Material Laminate, Tile
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Tim Steuernol, NAI Capital Commercial Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.