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Multi-Family

1622 Rockwood St

1622 Rockwood St, Los Angeles, CA 90026

Listing Price: $950,000

Lot Size
0.14 acres
Price/Acre
$7,024,614
Land Type
Land

Investment Overview

This development opportunity features 5,891 SF of land with alley access, in North Westlake just north of Beverly Blvd. The site is on 0.14 acres of land that is fully vacant with no relocation of tenants necessary.This offering presents a developer the opportunity to purchase land in the coveted Echo Park Adj, located just 1 mile south of Echo Park Lake. The parcel is zoned R4P-1 (Tier 2), allowing a developer to build up to 14- units by-right. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to 24 units. The subject property is centrally located within the heart of Westlake North and Echo Park. A Rockwood St address anchored by Beverly Blvd to the south and Glendale Blvd to east makes this parcel a hidden gem in a gentrifying wake of new development. The site features a high walk score of 85 with close proximity to restaurants, cafes, shopping, services as well as Silverlake, Downtown LA, Glendale, and Koreatown.

Investment Highlights

  • 1622 Rockwood Street is a rare development opportunity featuring 5,891 SF of land with alley access in North Westlake just north of Beverly Blvd. The site is on 0.14 acres of land that is fully vacant
  • This offering present a developer the opportunity to purchase land in the coveted Echo Park Adj, located just 1 mile south of Echo Park Lake.
  • The parcel is zoned R4P-1 in a Tier 2 TOC, allowing a developer to build up to 14 units-by-right. Additionally, the Los Angeles Transit Oriented density bonus can be used to build up to 24 units.
  • The subject property is centrally located within the heart of Westlake North and Echo Park. A Rockwood St address anchored by Beverly Blvd to the south and Glendale Blvd to east makes this parcel a hidden gem in a gentrifying wake of new development.
  • The site features a high walk score of 85 with close proximity to restaurants, cafes, shopping, services as well as Silverlake, Downtown LA, Glendale, and Koreatown.

Exclusively Listed By

Multi-Family

1622 Rockwood St

Listing Price: $950,000

Lot Size
0.14 acres
Price/Acre
$7,024,614
Land Type
Land

Investment Highlights

  • 1622 Rockwood Street is a rare development opportunity featuring 5,891 SF of land with alley access in North Westlake just north of Beverly Blvd. The site is on 0.14 acres of land that is fully vacant
  • This offering present a developer the opportunity to purchase land in the coveted Echo Park Adj, located just 1 mile south of Echo Park Lake.
  • The parcel is zoned R4P-1 in a Tier 2 TOC, allowing a developer to build up to 14 units-by-right. Additionally, the Los Angeles Transit Oriented density bonus can be used to build up to 24 units.
  • The subject property is centrally located within the heart of Westlake North and Echo Park. A Rockwood St address anchored by Beverly Blvd to the south and Glendale Blvd to east makes this parcel a hidden gem in a gentrifying wake of new development.
  • The site features a high walk score of 85 with close proximity to restaurants, cafes, shopping, services as well as Silverlake, Downtown LA, Glendale, and Koreatown.

Investment Overview

This development opportunity features 5,891 SF of land with alley access, in North Westlake just north of Beverly Blvd. The site is on 0.14 acres of land that is fully vacant with no relocation of tenants necessary.This offering presents a developer the opportunity to purchase land in the coveted Echo Park Adj, located just 1 mile south of Echo Park Lake. The parcel is zoned R4P-1 (Tier 2), allowing a developer to build up to 14- units by-right. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to 24 units. The subject property is centrally located within the heart of Westlake North and Echo Park. A Rockwood St address anchored by Beverly Blvd to the south and Glendale Blvd to east makes this parcel a hidden gem in a gentrifying wake of new development. The site features a high walk score of 85 with close proximity to restaurants, cafes, shopping, services as well as Silverlake, Downtown LA, Glendale, and Koreatown.

Exclusively Listed By

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