Description
We are pleased to present the opportunity to develop in one of Los Angeles’s most sought-after neighborhoods on 1625 Grafton St.! This vacant 6,491 square feet lot, situated in the heart of Echo Park, offers endless possibilities for investors & developers looking to create a high-value project in a desirable location. The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units & multiple ADUs by right (Buyer to Verify). Nestled on a quiet, hillside street, the lot boasts potential for stunning city views and is surrounded by a mix of charming historic homes and modern new developments. With its prime location just minutes from Sunset Boulevard, Dodger Stadium, and Downtown LA, this parcel is ideal for a stylish multi-unit development, custom single-family home, or an architectural masterpiece that blends seamlessly with the vibrant energy of Echo Park. Convenient access to trendy cafes, boutique shops, and lush green spaces like Elysian Park makes this an unbeatable location for future tenants or homeowners. Don’t miss your chance to build in one of LA’s hottest real estate markets this vacant lot is a blank canvas ready for your vision! *Seller has conducted a survey of the lot and will share it with prospective buyers. Seller is excited and motivated to move forward and invites all offers for consideration!
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Neighborhood & Market Insights
This property is 147.2% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
0.0% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee
