1488 W SUNSET, Los Angeles, California
1488 W SUNSET, Los Angeles, California 90026 - Back on Market - buyer didn't perform! Incredible opportunity to acquire 12,929 square feet of LAC2 land in the hippest part of LA, Echo Park. The property includes 2 adjacent parcels with a 1484 Sunset Blvd, a single family residence, and 5 unit income property at 1488 Sunset Blvd bringing a total income combined of $9,571 per month. 100 feet of frontage on Sunset Blvd. Recent sale across the street? Brickworks for $9.5M, slated for 15,000 square feet of retail space featuring a trendy food-court-style collection of eateries. Newer rentals in the area? Achieving over $3.50 per foot. Additional potential development benefit of backing up to an alley for accessibility and setbacks. A burgeoning area with minutes to downtown and local hotspots with endless possibilities.
Listing Courtesy of Grant Linscott~Keller Williams Realty Los Fel