145 N Toluca Street 1, Los Angeles, CA 90026
List Price: $1.05M
Listing Status: Active
Original List Price: $1.3M
0Days on Market: 52
8 Bedrooms · 7 Bathrooms · 5,291 sq ft
Property Type: ResidentialIncome
Year Built: 1910
Lot Size: 3,661 sq ft
MLS Number: 26661015
About This Property
RTI development opportunity in a prime Central Los Angeles location. This property comes with Ready-To-Issue plans for a 5-unit residential project, consisting of 4 units plus 1 Accessory Dwelling Unit (ADU).The approved plans include a 2-story building with basement, totaling approximately 5,291 square feet, designed with an efficient and desirable unit mix. The layout includes a combination of one- and multi-bedroom units, as well as a dedicated ADU, providing flexibility for rental income. Project features include: Roof deck and open space areas with 3 carport spaces and 1 enclosed garage and Modern configuration suitable for today's rental market! Located in an R4-zoned area (Central City West), the property is positioned near Echo Park, Silver Lake, and Downtown Los Angeles, with convenient access to major employment centers, transportation, and amenities.This is an ideal opportunity for developers or investors to move forward with construction without the time and uncertainty of the entitlement process.Plans and additional documentation available upon request.
Listing provided by: Cristina Dam DRE #02174761 323-300-1000 cdam08@gmail.com, Keller Williams Realty Los Feliz
Source: CRMLS, MLS #: 26661015
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.