Views
Address
1525 W Rockwood Street Los Angeles, CA
Price
$ 1,995,000
Property Attributes
  • MLS#20564020
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake
  • Zip90026
  • Style
  • Price$ 1,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.76 Acres
Listing Provided Courtesy Of:
Shawn S. Kormondy with Keller Williams Beverly Hills.
Property Description

Multiple VACANT Lots with access from two separate alleys. Total Lot size is app, 33,000 Sq Ft. Zoning RD2-1. The assemblage fronts two streets, Colton St (129' LF frontage) and Rockwood St (140' LF frontage) and are separated by 20' alley in between each assemblage. The Colton assemblage is 15,450 Sq Ft (TOC Tier 1) and the Rockwood Assemblage (TOC Tier 2) is app 17,500 Sq Ft. A second alley on the right side on each assemblage runs from Colton St to Rockwood St. There is a cumulative total of appx 458' of 20' alley frontage which can increase your density while providing more ingress/egress. TOC permits 35% density bonus w/10% affordable housing. Potential to develop 26 units. Per seller, all oil wells on the property have been remediating with permit. Buyer to verify all information. The development opportunity is centrally located in the most dynamic area of Echo Park. Bordered by Los Feliz, Silver Lake, Downtown LA and Hollywood. SELLER MAY CONSIDER LONG ESCROW

Price History
4/1/2020 Listed $2,495,000
6/30/2020 10% - $2,250,000
7/2/2020 12% - $1,995,000

General Features

Directions Assemblage fronts Rockwood St & Colton St between Glendale Blvd & Belmont Ave
Listagentaor Beverly Hills/Greater LA
Listing Agent Shawn S. Kormondy - BRE#01451888
Listing Agent State License 01451888
MLS Area 671 - Silver Lake
Price Per Square Foot 60.58
Source System CRMLS
Special Listing Conditions Standard
Topography Varied
View City Lights
Zoning LARD2

Exterior Features

Lot Size Area 32931.0000
Lot Size Source Assessor
Lot Size Square Feet 32931.00
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90026

Price
AVG $1.28M
$2M
Visits
AVG 39
84
Walkscore
AVG 84
76
Data Provided by Walkscore ® not using MLS data

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