$1,595,000

163 N Edgeware Road, Los Angeles, CA 90026

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,779sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

163 N Edgeware Road presents a fully entitled multifamily development opportunity in the Echo Park /City West submarket, just minutes from Downtown Los Angeles. The property is offered with approved plans and approx. 80% of permits paid for a 18-unit plus 2 ADU residential project, allowing a developer to immediately proceed to construction. Fully entitled and permit-paid for 20-unit development.High-density TOC project with reduced parking requirements Efficient 8,710 SF design maximizing rent per SF Only 4 required parking spaces with a potential to add 2additional ADU's (1-1 bed & 1-2 bed) providing additional income upside and a 22 unit project.Eliminates entitlement risk and shortens development timeline. Seller has paid approx. $350,000 to $400,000 in permits, architecture, engineering, expediter, relocation fees.Prime Echo Park / City West location near Downtown LA, located in a supply-constrained, high-demand rental submarket. The unit mix includes studios, loft-style units, and one-bedroom apartments, targeting a broad renter base in a high-demand submarket. The inclusion of ADU's provides additional income with minimal incremental construction cost, further enhancing project returns.With approvals in place, the project offers immediate execution and avoids the uncertainty, time, and expense typically associated with entitlements in Los Angeles.

Listing Status:
Active
Date Added:
April 28, 2026
Data Last Updated:
May 20, 2026 at 7:06AM
Listing Office:
Miller & Desatnik Realty Co. : 310-202-9166
Listing Agent:
Errol Spiro : 310-202-9166
MLS ID:
CL26820711
  • County: Los Angeles
  • Zoning: LACW5160015002
  • View: None

This listing courtesy of Errol Spiro , Miller & Desatnik Realty Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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