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Prime Development Opportunity: Commercial Building and Approved Plans to build 3 homes. Rare value-add and development opportunity in a prime location. The property currently features a functional commercial structure with a massive on-site parking lot. Architectural plans are fully complete and ready to pull permits for an exceptional multi-family compound: transform the existing structure into a chic residential homes, and construct two brand-new detached single-family houses on the rear lot. Whether you are a builder looking for a shovel-ready project or an investor seeking a high-yield asset with immense upside, this property offers a turnkey path to multi-unit residential ownership in a thriving submarket.
Property Type(s):
Commercial
| Last Updated | 10/7/2026 | Year Built | 1922 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | County | Los Angeles |
Price History
| Prior to Oct 7, '26 | $1,595,000 |
|---|---|
| Oct 7, '26 - Today | $1,550,000 |
Additional Details
| AREA | C21 - Silver Lake - Echo Park |
|---|---|
| LOT | 10232 sq ft |
| LOT DIMENSIONS | 10231 |
Location
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Listed with Trust and Estate Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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