7
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$6,350,000
Est. payment /mo
0.64 Acres Lot
Active
2645 Blimp St Los Angeles, CA 90039
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UPDATED:
10/02/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-444307
Lot Size 0.644 Acres
Acres 0.46
Property Description
We are proud to present for sale a 28k SF Lot zoned (Q)CM-1VL-RIO in the Frogtown neighborhood of Elysian Valley, sandwiched between Echo Park and Mount Washington! Currently a vacant lot that sits next to a Community Garden and across the street from a large new construction project that will include 100 SLO Units and approximately 27k of Retail Space, this large corner lot features around 330 feet of frontage and is a hop and a skip to the LA River Bicycle and Walking Path. Maximize the use of the lot with the potential for around 149 units by ED-1, with a nearly 100k SF building envelope or focus on building 23+/- units by right or 67+/- units by AB1287. Frogtown is the new "it" place, close to Downtown, Atwater, Silver Lake, Echo Park, Highland Park, but featuring it's own identity with it's own restaurants (fine to casual), nightlife (Zebulon), coffee shops (La Colombe), brewery (Frogtown Brewery), entertainment (The Elysian) and much more! There is no RSO! There is no need to relocate anyone - the property is currently being used as a surface parking lot. The property is in an Opportunity Zone and in a CTCAC/HCD Moderate Resource Opportunity Area. The land has a requirement to provide parking for the development across the street, which would provide a monthly income upon completion. Listing includes 3 APNs: 5442-007-022, 5442-007-023 & 5442-007-024.
Location
State CA
County Los Angeles
Area Atwater
Zoning [Q]CM-1VL-RIO
Exterior
View Y/N Yes
View Other
Building
Lot Description 2-4 Lots
Others
Special Listing Condition Standard
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Listed by Keller Williams Beverly Hills