1415 W Court Street
Los Angeles, CA 90026
0.28 acres | #25501595
Description
We are proud to present 1411-1415 W Court Street, an opportunity to develop up to 66 units in a vibrant area south of Echo Park. The finished project will have breathtaking views of the Hollywood Hills, Griffith Observatory, and Downtown LA. This 12,042 Sq.Ft lot is zoned CW with an R4 base density and consists of two contiguous parcels. All existing structures have been demolished, no relocation of existing tenants is required. A developer can build up to 66 Units utilizing State Density Bonus Law AB 1287, 50 Units via TOC Tier 1, or 33 Units using the R4 Base Density. No parking is required per AB 2097, allowing a developer to take a tailored approach towards providing parking. A project utilizing the State Density Bonus Law AB 1287 would be eligible for a 100% density bonus of up to 66 units in exchange for setting aside 5 units for Very Low Income households and 5 units for Moderate Income households. Alternatively, a developer can use the City of Los Angeles Transit Oriented Communities Program (TOC) to build up to 50 Units, with 6 units for Very Low Income households. The zoning base density is R4, with 1 unit per 400SF of lot area permitting. For planning purposes, the lot area is 12,888 SF with half of an adjacent alley included, for a total base density of 33 Units. 1411-1415 W Court was previously entitled for 46 Units, a developer can potentially utilize materials from the previous plans or pursue their own vision. The site is located just south of Echo Park in a vibrant, walkable neighborhood with a mix of new developments, trendy retail and dining options. Residents can walk to coffee at Laveta, grab dinner at Butchr Bar, and workout at Strength Shoppe. Echo Park, Silverlake, Historic Filipinotown, Koreatown and Downtown LA are all easily accessible, perfect for young professionals seeking cultural amenities of city living.
Property Details
- CountyLos Angeles
- ViewCityLights
- Original List Price$2,650,000
- Property TypePurchase
- MLS #25501595
- MLS #25501595
- Cost2650000
- Acres0.2764
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Oron Maher (#CLW-C137215)
Listing Office: Maher Commercial Realty (#CLW-X83092)

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