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1164 Sunset blvd - RTI 53-Unit Development | Echo Park

0.34 Acres of Residential Land Offered at $3,500,000 in Los Angeles, CA 90012

Investment Highlights

  • Fully RTI Plans
  • Corner Lot w/ 150sf of Frontage
  • Requires 4 Low Income Units
  • 5-Story, 53-Unit Project
  • Great Unit Mix | Spacious Units
  • Prime Echo Park Location

Executive Summary

The LAAA Team of 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 will be delivered 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.

Data Room Click Here to Access

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.34 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $10,163,989
Lot Size 0.34 AC
Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C2
C2
  • Listing ID: 34413973

  • Date on Market: 1/8/2025

  • Last Updated:

  • Address: 1164 Sunset blvd, Los Angeles, CA 90012

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