1622 Rockwood Street
Los Angeles, CA 90026
Lot Size: 5891 sq.ft.
MLS# 21744662
Neighborhood: 671 - Silver Lake
Active | Offered at $950,000

Troy Palmquist

DRE# 01772139

Property Description

This development opportunity features 5,891 SF of land with alley access, in North Westlake just north of Beverly Blvd. The site is on 0.14 acres of land that is fully vacant with no relocation of tenants necessary.This offering presents a developer the opportunity to purchase land in the coveted Echo Park Adj, located just 1 mile south of Echo Park Lake. The parcel is zoned R4P-1 (Tier 2), allowing a developer to build up to 14- units by-right. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to 24 units. The subject property is centrally located within the heart of Westlake North and Echo Park. A Rockwood St address anchored by Beverly Blvd to the south and Glendale Blvd to east makes this parcel a hidden gem in a gentrifying wake of new development. The site features a high walk score of 85 with close proximity to restaurants, cafes, shopping, services as well as Silverlake, Downtown LA, Glendale, and Koreatown.
Listing Provided By
Neema Ahadian, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of September 19, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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