425 N Lake St Los Angeles, CA 90026
Listing Courtesy of: Combined L.A. Westside (CLAW) / La Canada / Aimee Benell

  425 N Lake St Los Angeles, CA 90026

Pending (334 Days)
$1,799,000
5
BED
4
BATH

Description

Substantial Price Adjustment for this exceptional opportunity for housing development in Echo Park. Two adjacent lots totaling 12,009 square feet of flat land, with the advantage of being zoned R3 with Tier 2 TOC. Make your mark in a burgeoning neighborhood. Proximate to Silver Lake, East Hollywood, Historic Filipinotown, Westlake, and DTLA. 419-421 and 425 N. Lake's location is PRIME! Nearby you'll find a New Target (2021), vibrant parks, public transportation, and EV charging stations, along with established long-standing successful bars and restaurants like the original Original Tommy's (1946), Brooklyn Bagel (1965), Gigi's Cafe Cubano, and the newer Woon, Doubting Thomas, Dollar Hits, HiFi Kitchen, Vaka Burger, and Crawfords, catering to both the long-term and newer residents of this community. This spot has what today's buyers and renters alike are looking for. Report on development opportunities available. Properties are to be sold together.

MLS #:
23-288915
Lot Size
6,003 SQFT
Type
Multifamily
Style
Craftsman
Views
Any
County
Los Angeles County

Listed By

Aimee Benell, DRE #01302788 CA, La Canada
Source
Combined L.A. Westside (CLAW)
Last checked Apr 28 2024 at 8:43 PM GMT+0000
Bathroom Details
Lot Information
  • Value In Land
  • Lot-Level/Flat
  • Tear Down on Lot
  • Sidewalks
  • Fenced
  • Curbs
  • 2-4 Lots
Heating and Cooling
  • Combination
  • None
Basement Information
  • No
Utility Information
  • Sewer: In Street
Parking
  • Parking Garage: Driveway
Stories
  • 2
Additional Listing Info
  • Buyer Brokerage Commission: 2.5%
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 29, 2023
Price Changed
$1,799,000
-18%
-396,000
Jul 28, 2023
Price Changed
$2,195,000
-7%
-155,000
Mar 01, 2023
Original Price
$2,350,000
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/28/24 13:43