Land for Sale in Los Angeles, California

2645 Blimp St Los Angeles, CA 90039

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$6,350,000
0.46 acres
Active sale agoEst $49,769/mo

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.

Directions

East of the 2 Freeway, North of the 5 Freeway, South of the Los Angeles River, West of the 110 Freeway.

Location

Street Address
2645 Blimp St
Elevation
351 feet
Coordinates
34.0964, -118.2431

Property details

Zoning
[Q]CM-1VL-RIO
MLS Number
CLAW 24-444307
Date Posted

Parcels

  • 5442-007-024

This 0.46-acre property is located at 2645 Blimp St in Los Angeles, CA 90039 with latitude 34.0964 and longitude -118.2431. The property is currently available for sale for $6,350,000 with a price per acre of $13,804,348. Listing data is sourced from Combined LA Westside Multiple Listing Service # 24-444307.

Verify sale details at the property source or contact Keller Williams Beverly Hills at (310) 432-6400.

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Updated . Checked 52 minutes ago. Parcel data by Regrid.

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