Lee & Associates Investment Services Group is pleased to present the sale of 1033 N. Coronado Street, a 2,596-square-foot vacant triplex located just south of Sunset Boulevard in the highly desirable Silver Lake/Echo Park neighborhood of Los Angeles. The building sits on a 7,500-square-foot lot along an alleyway for easy ingress and egress. The property, zoned RD2-IVL, offers a value-add investor the opportunity to expand and reposition the existing structure. However, the offerings true potential is in creating four large and spacious ground-up dwelling units. The current owner, having already started the architectural, planning, and structural process, is ready to hand off the opportunity to an investor/developer or value-add buyer looking to develop and hold for cash flow or sell for gain in this prime Los Angeles market. Seller to provide demo permits.
Based on information from California Regional Multiple Listing Service, Inc. as of February 27th, 2021 at 10:06am PST. 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.