$399,000
For Sale

1321 Laveta Terrace

Los Angeles, CA 90026
Listing OfficeNourmand & Associates-HW
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Great opportunity to build 2 architectural condo units or your own architectural masterpiece in the heart of Echo Park. N of Sunset Blvd and within proximity to restaurants & shops. Architectural plans for two high-end freestanding Condos, each 3 br+3 Ba- apx 2400 sq ft, with a large deck or roof deck and two car garage. Upslope lot with 180-degree views of DTLA &Echo Park. Plans are ready to submit to the Dept. of Building & Safety for building permits (permits were previously pulled but expired). Department of City Planning had issued a Letter of Determination approving a Preliminary Parcel Map for the two dwellings to be condos. That letter has since expired but can be reapplied for by the new buyer. Letter of Determination, Plans/Survey/Geo/etc. are available for review. (If the buyer wishes to use current plans, the buyer can be assigned an existing contract between the seller and architect.) The city issued two new addresses for the property in the course of permitting:1317 and 1319 Laveta Terrace. Walk up the adjacent historic public staircase to check out amazing views

  • Property Details
      • ViewCityLights, Hills, Mountains, Panoramic
      • CountyLos Angeles
      • Lot DescriptionSlopedUp
      • Property TypePurchase
      • Original List Price$439,000
      • MLS #24458575
      • MLS #24458575
      • Acres0.1207
      • Cost399000
      • Sewer InformationOther
      • Property SubtypeLand

Location

@VANTAGE Real EstateReal Estate Professionals
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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