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$2,500,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25608507
HOA Y/N No
Lot Size 0.459 Acres
Property Description
We are pleased to present 1251-1257 Sunset Boulevard, a premier development site in the highly desirable Echo Park neighborhood, offering panoramic views of the Downtown Los Angeles skyline. The property consists of two contiguous parcels totaling approximately 19,999 square feet of land, zoned C2-1VL within a Tier 1 TOC designation providing multiple development pathways and incentive opportunities. The site will be delivered vacant with no tenant relocation required. Approved plans are in place for the construction of two adjacent residential buildings totaling 70 units. A buyer may proceed with the existing entitlements or pursue re-entitlement for an alternative project to maximize the site's potential. The property offers 90 feet of frontage along Sunset Boulevard, a high-traffic corridor connecting Echo Park to Downtown Los Angeles. The site sits just north of the 101 Freeway and minutes from Dodger Stadium, ensuring excellent exposure and accessibility. Ideally located one mile from the Metro Gold, Red, and Purple Lines and close to multiple Metro Local Line bus stops along Sunset Boulevard enhancing accessibility for future residents and reducing car dependency. The site offers easy access to Downtown Los Angeles, Koreatown, Westlake, and Silver Lake, providing a convenient home base for residents commuting throughout the city.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
New Construction No
Others
Senior Community No
Tax ID 5406016026
Special Listing Condition Standard
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Listed by Neema Ahadian Marcus & Millichap
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