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Listed by John Boyett • Datashare CR Default Office Don't Delete
$2,600,000
Est. payment /mo
6 Beds
4 Baths
2,866 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,866 sqft
Price per Sqft $907
MLS Listing ID CL25527823
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board Datashare CLAW
Year Built 1906
Lot Size 0.345 Acres
Property Sub-Type Detached
Property Description
We are pleased to present a15,016 SF double-lot residential redevelopment opportunity located at 443-449 N Virgil Avenue, Los Angeles, California. The subject property is located in a great East Hollywood location, north of Beverly Boulevard and east of N Vermont Avenue. Originally built as two (2) separate SFRs on two (2) concurrent parcels, this redevelopment opportunity is zoned R3-1 with numerous project options. Totaling 15,016 SF, a developer could choose to simply add square footage and an ADU on each lot. The zoning allows for nine (9) units by-right on each lot which opens the door to a nice townhouse style redevelopment. Utilizing MIIP under CHIP, the recently upzoned land can take advantage of T-2 TOIC to add 110% density for up to twenty-one (21) units per lot. A completed project will enjoy the benefits of living in one of the best submarkets for absorption across the LA metro on a major commercial corridor with tons of activity nearby in Virgil Village, Silver Lake, Echo Park,Hollywood, and Koreatown. Residents will appreciate living next to trendy amenities across Virgil Avenue, Beverly Boulevard, and throughout the Eastside. Young professionals will appreciate the close proximity to the freeway, Downtown LA, and Hollywood. Situated in a prime East Hollywood locati
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View City Lights
Private Pool false
Building
Story 1
Architectural Style Craftsman
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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