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$1,595,000

000

MLS® 26820711

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Key Facts

Type 
Levels Land
Size -
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Days Active 0
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Approx. Age 
MLS® Number 26820711

Property Address: 163 N Edgeware Road, Los Angeles, CA, 90026

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26820711
Laundry Level
Central VacNo
FireplaceNo
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Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 30, 2026List Date
$1,595,000List Price
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163 N Edgeware Road, Los Angeles, CA

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