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2645 Blimp St, Los Angeles, CA 90039

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For Sale

$6,350,000

0.46 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.5 acres
    Lot size

Explore this Property

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.
MLS# 24-444307

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.46 Acres

Map and Directions

Directions to 2645 Blimp St, Los Angeles, CA 90039

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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