145 N Toluca St Unit 1, Los Angeles, CA, 90026

USD 1,195,000
For Sale MLS: 26661015

Property Details

Bedrooms

8

Bathrooms

5

Property Type

multi family

Description

Multi Family in Los Angeles, CA - Bedrooms: 8 - Bathrooms: 5 - Area: 5291 sqft - Year Built: 1910 - Lot: 3659 sqft

Listing Agent: Cristina Dam Brokerage: Keller Williams Realty Los Feliz

RTI development opportunity in a prime Central Los Angeles location. This property comes with Ready-To-Issue plans for a 5-unit residential project, consisting of 4 units plus 1 Accessory Dwelling Unit (ADU).The approved plans include a 2-story building with basement, totaling approximately 5,291 square feet, designed with an efficient and desirable unit mix. The layout includes a combination of one- and multi-bedroom units, as well as a dedicated ADU, providing flexibility for rental income. Project features include: Roof deck and open space areas with 3 carport spaces and 1 enclosed garage and Modern configuration suitable for today's rental market! Located in an R4-zoned area (Central City West), the property is positioned near Echo Park, Silver Lake, and Downtown Los Angeles, with convenient access to major employment centers, transportation, and amenities.This is an ideal opportunity for developers or investors to move forward with construction without the time and uncertainty of the entitlement process.Plans and additional documentation available upon request.

Location

Address

145 N Toluca St Unit 1, Los Angeles, CA, 90026

City

Los Angeles

Features and Finishes

Bedrooms: 8, Total Bathrooms: 7, Full Bathrooms: 5, Window Features: Awning, Lot Size Acres: 0.084, Lot Size Dimensions: 45x70, Lot Size Source: Vendor Enhanced, Lot Size Square Feet: 3661, Parking Features: Driveway, Parking Total: 4, Uncovered Spaces: 4, View: City, Security Features: Gated, Number of Buildings: 1, Number of Units: 4, Unit Type: Apartment, Bedrooms in Unit-1: 1, Bedrooms in Unit-2: 2, Bedrooms in Unit-3: 3, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 2, Total Bathrooms in Unit-3: 2, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 2, Full Bathrooms in Unit-3: 2, Unit 1 Total Actual Rent: 3000, Unit 2 Total Actual Rent: 3500, Unit 3 Total Actual Rent: 4000, Balcony,High Ceilings (9 Feet+), Source Listing Status: Active, County: Los Angeles, Directions: Between Colton and 1st on Toluca st., Source Property Type: Residential Income, Area: Silver Lake - Echo Park, Source Neighborhood: Silver Lake - Echo Park, Parcel Number: 5160-014-023, Postal Code Pl

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