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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,995,000

Est. payment - /mo

9,178 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26633903

HOA Y/N No

Year Built 1928

Lot Size 9,178 Sqft

Property Sub-Type Single Family Residence

Property Description

Positioned as one of the rarest available development sites in Los Angeles, this riverfront opportunity, located on the East Side's ever-popular Frogtown neighborhood, is ready for its next chapter. Currently, an uninhabitable single-family home and a paved parking lot stand, but visionaries will see an array of future possibilities. Comprised of two parcels totaling over 9,000 Sqft, the expansive lot offers nearly 115 feet of riverfront & bike path frontage - one of the largest in the neighborhood. With one parcel zoned "Residential" and the other zoned "Commercial Manufacturing", this opportunity allows a new owner/developer to take advantage of this truly scarce multiple-use zoning within the city. Most exclusively, the zoning allows for multiple permitted "Live/Work" structures, one of the rarest permitted structures in all of Los Angeles. Other "By Right" zoning approvals include amusement enterprises, art or antique shops, auditorium/concert venues, bakery goods shops, studios, restaurants and more (Buyer to verify with city). The Los Angeles River Revitalization Master Plan (LARRMP) calls for future revitalization connecting more people to future trails and parks along the river, further improving walkability and sense of community. This opportunity also sits in between neighboring Frogtown staples Spoke & Lingua Franca, and close proximity to Lewis MacAdams River Front Park (formerly Marsh Park), and Frogtown Brewery. An opportunity of a lifetime to create your riverfront vision.

Location

State CA

County Los Angeles

Area 606 - Atwater

Zoning LACM

Interior

Heating None

Cooling None

Flooring Carpet

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry None

Exterior

Parking Features Private

Pool None

View Y/N Yes

View Hills

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5442023003

Financing Cash

Special Listing Condition Standard

Read Less Info

Listed by Benjamin Kahle Compass

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Ivanhoe Elementary

Public | KG - 5
9

Gabriella Charter

Public | KG - 8
9

Horace Mann Elementary School

Public | PK - 5
9

Solano Avenue Elementary School

Public | KG - 6
9

Delevan Drive Elementary

Public | KG - 6
9

Eagle Rock Elementary & Magnet Center

Public | KG - 6
8

Franklin Avenue Elementary

Public | KG - 5
8

Clifford Street Math & Technology Magent

Public | KG - 6
8

Allesandro Elementary School

Public | PK - 5
8

Puc Milagro Charter

Public | KG - 5
7

Dr. Sammy Lee Medical and Health Science Magnet

Public | KG - 5
7

Celerity Octavia Charter

Public | KG - 8
7

John Marshall Elementary School

Public | KG - 5
7

Dorris Place Elementary

Public | KG - 6
7

Mt. Washington Elementary School

Public | KG - 6
7

Arroyo Seco Museum Science

Public | KG - 8
7

Latona Elementary School

Public | PK - 6
6

Micheltorena Elementary

Public | KG - 5
6

Betty Plasencia Elementary

Public | KG - 5
6

John Muir Elementary School

Public | KG - 6

Middle Schools 18

9

Renaissance Arts Academy

Public | 6 - 12
8

Rise Kohyang Middle School

Public | 6 - 8
7

Eagle Rock Jr. / Sr. High School

Public | 7 - 12
6

Thomas Starr King Middle School

Public | 6 - 8
6

Theodore Roosevelt Middle School

Public | 6 - 8
6

Irving STEAM Magnet

Public | 6 - 8
5

Puc Santa Rosa Charter Academy

Public | 6 - 8
5

Florence Nightingale Middle School

Public | 6 - 8
5

Los Angeles Leadership Academy

Public | 6 - 12
4

Los Angeles Academy of Arts & Enterprise Charter

Public | 6 - 12
4

Vista Charter Middle School

Public | 6 - 8
4

Puc Excel Charter Academy

Public | 6 - 8
3

Studio

Public | 6 - 8
3

Alliance College-Ready Middle Academy No. 5

Public | 6 - 8
1

Sal Castro Middle School

Public | 6 - 8
0

Harold Mcalister High (Opportunity)

Public | 6 - 12
0

Dream Center Academy

Private | 6 - 12
0

Jewel City Community Day

Public | 7 - 10

High Schools 20

9

Downtown Business High School

Public | 9 - 12
8

John Marshall High School

Public | 9 - 12
8

Alliance Environmental Science and Technology High School

Public | 9 - 12
7

Central City Value

Public | 9 - 12
7

Camino Nuevo High No. 2

Public | 9 - 12
7

Alliance College-Ready Academy High No. 16

Public | 9 - 12
7

PUC Early College Academy for Leaders & Scholars (ECALS)

Public | 9 - 12
6

Glendale High School

Public | 9 - 12
6

Alliance Susan and Eric Smidt Technology High School

Public | 9 - 12
6

Lincoln High School

Public | 9 - 12
6

Benjamin Franklin High School

Public | 9 - 12
5

Belmont Sh-la Teacher Preparatory Academy

Public | 9 - 12
5

Roybal Learning Center

Public | 9 - 12
5

Alliance Tennenbaum Family Technology High School

Public | 9 - 12
5

Leadership in Entertainment and Media Arts (Lema)

Public | 9 - 12
4

Los Angeles River High School

Public | 9 - 12
3

Belmont High School

Public | 9 - 12
3

School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

Public | 9 - 12
0

Soledad Enrichment Action Charter High School

Public | 9 - 12
0

East Beverly High School

Private | 9 - 12

School and business data provided by Attom Data.

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3051 N Coolidge AVE Los Angeles, CA 90039