145 N Toluca ST new

Los Angeles,CA 90026

$ 1399000

8 Beds

6 Baths

3943 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,943 sqft

Price per Sqft $354

MLS Listing ID 25614193

Bedrooms 8

Year Built 1910

Lot Size 3,659 Sqft

Property Description

RTI 5-Unit Development Opportunity with City Views | Echo ParkProperty Overview:Rare RTI (Ready-To-Issue) opportunity in the heart of Echo Parkone of Los Angeles' most sought-after and fastest-growing neighborhoods. Approved plans call for a 5-unit multifamily project, including a mix of modern layouts designed to capture natural light, maximize rentable space, and showcase breathtaking views of the Downtown Los Angeles skyline.Approved Plans Include:Total Units: 5 (including one ADU)Unit Mix:(3) One-Bedroom Units (one is the ADU)(1) Two-Bedroom Unit(1) Three-Bedroom UnitThoughtful architectural design with open-concept interiors and private outdoor spacesEfficient layouts ideal for the Echo Park rental or resale marketHighlights:RTI permits in hand start construction immediatelySpectacular skyline views from multiple unitsPrime Echo Park location minutes to Downtown LA, Silver Lake, and Dodger StadiumStrong rental demand and excellent long-term appreciation potentialPerfect for developers, investors, or 1031 exchange buyersInvestment Summary:Why wait years for entitlements? This project is ready to build today, saving valuable time and costs. Located on a quiet street surrounded by ongoing redevelopment, 145 N Toluca St offers an ideal balance of proximity to city life and hillside tranquility. With Echo Park's continued growth, this project promises strong upside as either a build-and-hold income property or resale investment.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LACW

Interior

Heating None

Cooling None

Exterior

Parking Features Driveway

Community Features Gated

View Y/N Yes

View City Lights

Building

Story 2

Sewer Other

New Construction No

Others

Special Listing Condition Standard

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