1488 W Sunset

  • Los Angeles

  • $3,100,000
  • Acres
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Lot/LandDetails

Description & Essential
Description
Back on Market - buyer didn't perform! Incredible opportunity to acquire 12,929 square feet of LAC2 land in the hippest part of LA, Echo Park. The property includes 2 adjacent parcels with a 1484 Sunset Blvd, a single family residence, and 5 unit income property at 1488 Sunset Blvd bringing a total income combined of $9,571 per month. 100 feet of frontage on Sunset Blvd. Recent sale across the street? Brickworks for $9.5M, slated for 15,000 square feet of retail space featuring a trendy food-court-style collection of eateries. Newer rentals in the area? Achieving over $3.50 per foot. Additional potential development benefit of backing up to an alley for accessibility and setbacks. A burgeoning area with minutes to downtown and local hotspots with endless possibilities.
Essential
MLS #17290608
Price$3,100,000
Lot Square Feet≈ 12,929
CountyLos Angeles
StateCA
ViewPeek-A-Boo,Hills,City Lights
Area671 - Silver Lake
ZoneLAC2
StatusActive
Sale TypeStandard
Listing BrokerageKeller Williams Realty Los Fel
Listing AgentGrant Linscott
Listing Agent BRE #01715002

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, August 24, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.