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1129 Logan Street

Los Angeles, CA 90026

$1,749,900

3 Beds | 2 Baths | 1,372 sq. ft.

Status: Active Type: Single Family Residence Area: 699 - Not Defined
Year Built: 1909 School District: Los Angeles Unified MLS#: CV25022424

Description

*** DEVELOPERS AND/OR INVESTORS OPPORTUNITY *** This is a prime opportunity to develop a residential project in the highly sought-after neighborhood of Echo Park. With the potential to demolish the Garage and build a few ADU's in the back yard, also CDO plan and City of Echo Park Engineers (City of Los Angeles) have mentioned that existing Single family Residence can be added multiple units. Demolish Permit for the Garage has been paid already **(see supplementals for more info) **this project offers excellent value in one of LA's most vibrant and rapidly growing areas. This property presents an exciting opportunity to capitalize on the growing demand for residential living in Echo Park, a neighborhood that attracts young professionals, artists, and creatives. We strongly advise all prospective buyers and their agents to verify all zoning, permitting, and development requirements with the City of Los Angeles prior to moving forward with any plans or offers. *** PROPERTY CURRENTLY PRODUCES INCOME AS IT'S BEING USED AS AN AIRBNB *** *** CURRENT OWNER MIGHT BE ABLE TO PROVIDE PLANS, PAID PERMITS, SOILS REPORTS, ETC.. *** *** SEE SUPLEMENTALS FOR PRO-FORMA AND TOC INFORMATION ***

Features

    Other Rooms: Formal Entry, Laundry, Living Room Fireplace Rooms: See Remarks
    Heating: N/A
    Cooling: Central Air
    Structure Type: Other Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $1275
    Parking Spaces: 2
    Total Floors: 2

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