Multi-Family
1164 W Sunset
1164 Sunset Blvd, Los Angeles, CA 90012
Listing Price: $3,500,000
Investment Overview
Marcus & Millichap is pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with a prime view of the Downtown Los Angeles skyline. This project comes with Ready to Issue (RTI) permits for a carefully designed 5-story, 53-unit apartment building.
1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare find, consisting of five contiguous lots with approximately 150 feet of frontage along Sunset Blvd.
Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a vibrant, walkable district featuring a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.
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Financing By
Listing Price: $3,500,000
Investment Highlights
- Fully RTI Plans
- 5-Story, 53-Unit Project
- Corner Lot w/ 150sf of Frontage
- Great Unit Mix | Spacious Units
- Requires 4 Low Income Units
- Prime Echo Park Location
Investment Overview
Marcus & Millichap is pleased to present 1164 W Sunset Blvd, a unique development opportunity in Echo Park with a prime view of the Downtown Los Angeles skyline. This project comes with Ready to Issue (RTI) permits for a carefully designed 5-story, 53-unit apartment building. 1164 W Sunset Blvd is located on 15,000 square feet of land zoned C2-1VL. The plans include an attractive unit mix of 13 studios, 10 one-bedroom/one-bath units, 19 one-bedroom/one-bath with den units, 8 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units. This property is a rare find, consisting of five contiguous lots with approximately 150 feet of frontage along Sunset Blvd. Echo Park is rapidly becoming one of the most exciting neighborhoods in Los Angeles. It offers a vibrant, walkable district featuring a mix of new developments along with boutique retail and dining options. The area is particularly appealing to young professionals due to its close proximity to Downtown Los Angeles, Silver Lake, Westlake, and Koreatown.
Exclusively Listed By
Financing By
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