$3,500,000
For Sale

1164 W Sunset Boulevard

Los Angeles, CA 90012
Listing OfficeMarcus & Millichap
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with an exceptional view of the Downtown Los Angeles skyline.Spanning fve contiguous lots and totaling approximately 15,398 square feet of C2-1VL zoned land, this site presents a rare opportunity to develop a 124-unit mixed-use residential project in the vibrant Echo Park neighborhood of Los Angeles. With full eligibility for incentives under the Mixed Income Incentive Program (MIIP) and AB 2097 parking waivers, this site offers high-density potential on a commercial corridor with minimal entitlement risk. The project allows up to 6 stories, 67 feet in height, and no parking requirementsmaximizing design flexibility and return on investment.Additionally, by incorporating Public Benefit into the project, a developer may be eligible for an extra 22 feet of height and an additional 2.0 FAR.We can also deliver the adjacent 10 lots if a developer wishes to design a larger project, totaling 45,398 square feet of land.Echo Park is rapidly transforming into one of Los Angeles' most sought-after communities. Known for its walkability, eclectic charm, and vibrant local culture, the neighborhood blends new development with independent retail, dining, and creative spaces. Its central locationjust minutes from Downtown LA, Silver Lake, Westlake, and Koreatownmakes it especially attractive to young professionals and urban dwellers.

  • Property Details
      • CountyLos Angeles
      • Original List Price$3,500,000
      • Property TypePurchase
      • MLS #25478461
      • MLS #25478461
      • Cost3500000
      • Acres0.3535
      • Property SubtypeLand

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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