Property Detail

311 Burlington

Los Angeles CA 90057

$875,000

Status: Active

Property Details

Description

ATTENTION DEVELOPERS! OPPORTUNITY TO BUILD 24 UNITS. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.

Map Location

Listing provided courtesy of Will Tiao of The Collective Realty. Last updated 2024-04-29 08:12:00.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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