1032 N Coronado Street

    Los Angeles (City), CA 90026
    • $2,850,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 19515322
    UPDATED: 37 min ago
    $2,850,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    "Coronado 33". Shovel-ready, 33-unit R.T.I. luxury residential development totaling 18,192-sf. Located one parcel in off of Sunset, nestled conveniently between Echo Park & Silverlake and about a mile from Sunset Junction, "Coronado 33" is uniquely poised for premium rents and rapid stabilization. This eclectic enclave boasts some of the nation's most lauded nightlife, farmer's markets, a booming arts scene, and one of the largest creative class communities in the country. Silverlake is also home to some of the most avant garde Modernist architecture in North America. Land is currently a 100% cleared empty lot, zoned C2 lot with no legacy structure. Entitled for 33 units. Two years invested acquiring demo permits and entitling the land. The surrounding area is historically protected by high barriers to development, limited multifamily competition, and high-density zoning in a robust rental market. Project is ready to build.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
    www.theashleycooperteam.com/homes/99450163

    1032 N Coronado Street Los Angeles (City), CA 90026

    • Price: $2,850,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 19515322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    "Coronado 33". Shovel-ready, 33-unit R.T.I. luxury residential development totaling 18,192-sf. Located one parcel in off of Sunset, nestled conveniently between Echo Park & Silverlake and about a mile from Sunset Junction, "Coronado 33" is uniquely poised for premium rents and rapid stabilization. This eclectic enclave boasts some of the nation's most lauded nightlife, farmer's markets, a booming arts scene, and one of the largest creative class communities in the country. Silverlake is also home to some of the most avant garde Modernist architecture in North America. Land is currently a 100% cleared empty lot, zoned C2 lot with no legacy structure. Entitled for 33 units. Two years invested acquiring demo permits and entitling the land. The surrounding area is historically protected by high barriers to development, limited multifamily competition, and high-density zoning in a robust rental market. Project is ready to build.
    Exterior Features

    Lot Size Dimensions 50X150 Lot Size Source Assessor Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Frank Paul Barbano of Barbano Realty and Conor Wiecking of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T17:36:34.683. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
     
    First Team Real Estate
    CA,