Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
3,943
RTI 5-Unit Development Opportunity with City Views | Echo ParkProperty Overview:Rare RTI (Ready-To-Issue) opportunity in the heart of Echo Parkone of Los Angeles' most sought-after and fastest-growing neighborhoods. Approved plans call for a 5-unit multifamily project, including a mix of modern layouts designed to capture natural light, maximize rentable space, and showcase breathtaking views of the Downtown Los Angeles skyline.Approved Plans Include:Total Units: 5 (including one ADU)Unit Mix:(3) One-Bedroom Units (one is the ADU)(1) Two-Bedroom Unit(1) Three-Bedroom UnitThoughtful architectural design with open-concept interiors and private outdoor spacesEfficient layouts ideal for the Echo Park rental or resale marketHighlights:RTI permits in hand start construction immediatelySpectacular skyline views from multiple unitsPrime Echo Park location minutes to Downtown LA, Silver Lake, and Dodger StadiumStrong rental demand and excellent long-term appreciation potentialPerfect for developers, investors, or 1031 exchange buyersInvestment Summary:Why wait years for entitlements? This project is ready to build today, saving valuable time and costs. Located on a quiet street surrounded by ongoing redevelopment, 145 N Toluca St offers an ideal balance of proximity to city life and hillside tranquility. With Echo Park's continued growth, this project promises strong upside as either a build-and-hold income property or resale investment.
Features & Amenities
Interior
- 
    
Total Bedrooms
8
 - 
    
Bathrooms
N/A
 - 
    
Cooling YN
NO
 - 
    
Cooling
None
 - 
    
Heating YN
NO
 - 
    
Heating
None
 - 
    
Pet friendly
N/A
 
Exterior
- 
    
Garage
No
 - 
    
Parking
Driveway
 - 
    
Pool
No
 - 
    
View
City Lights
 
Area & Lot
- 
    
Lot Size(acres)
0.084
 - 
    
Property Type
Residential Income
 
Price
- 
    
Sales Price
$1,399,000
 - 
    
Sq. Footage
3, 943
 - 
    
Price/SqFt
$354
 
HOA
- 
    
Association
No
 
School District
- 
    
Elementary School
N/A
 - 
    
Middle School
N/A
 - 
    
High School
N/A
 
Property Features
- 
    
Stories
2
 - 
    
Senior Community YN
NO
 - 
    
Sewer
Other
 
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Cristina Dam , Keller Williams Realty Los Feliz
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