162 Douglas Street

    Echo Park (L), CA 90026
    • $1,080,000
    • STATUS: Closed
    • ON SITE: 151 days
    • ID#: 18356850
    Sold - 09/27/2018
    $1,080,000
    SOLD - 09/27/2018
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present an ideally situated double vacant lot in the Westlake submarket of Los Angeles. The property is comprised of two APN's allowing a developer the ability to create two separate projects or one larger development. APN:5160-014-012 & 013. Total land area is 9,600 square feet. Previously approved plans for a 20-residence market rate apartment development would need to be brought to current codes. The property is situated in a Transit Oriented Communities, TOC, housing incentive program. The TOC guidelines allow for a variety of density and FAR increases while only requiring one parking space per residence, regardless of the bedroom count. Lastly, ownership has also recently submitted case filing VTT-73168-SL for six small lot ordinance homes. The small lot project is pending a public hearing date.

    Sold by Manish Drona BRE#01862538 of Drona Realty & Mortgages.

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    Based on information from CARETS as of 2018-11-19T11:46:34.77. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/84859040

    162 Douglas Street Echo Park (L), CA 90026

    • Price: $1,250,000
    • Status: Closed
    • Updated: 39 min ago
    • ID#: 18356850
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    Neighborhood:
    Silver Lake - Echo Park (C21)
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park (C21)
    Property Description
    We are pleased to present an ideally situated double vacant lot in the Westlake submarket of Los Angeles. The property is comprised of two APN's allowing a developer the ability to create two separate projects or one larger development. APN:5160-014-012 & 013. Total land area is 9,600 square feet. Previously approved plans for a 20-residence market rate apartment development would need to be brought to current codes. The property is situated in a Transit Oriented Communities, TOC, housing incentive program. The TOC guidelines allow for a variety of density and FAR increases while only requiring one parking space per residence, regardless of the bedroom count. Lastly, ownership has also recently submitted case filing VTT-73168-SL for six small lot ordinance homes. The small lot project is pending a public hearing date.
    Exterior Features

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    Property Features

    Association Dues 0.0 Buyer Financing CashCash To New Loan Country United States Of America Hoa YN N Land Fee Lease Fee Legal Disclosures Take Property As IsCommission to Buyer Agent Listing Terms CashCash To New Loan Lot Size Source Public Records Special Conditions Standard Sale Zoning Lacw

    Listing provided courtesy of David Melaugh DRE#01862538 of The Agency.


    Based on information from CARETS as of 2018-11-19T11:46:34.77. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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