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… Read More 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. Read Less
Courtesy of Keller Williams Realty Los Feliz 323-300-1000
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,943
Lot Size
0.08 Acres
Year Built
1910
MLS Number
25614193
30 Days Snapshot Of 90026
$1.52M
+30%
(avg) sold price
11
-8%
homes sold
49
-28%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
3,943 sq ft, Built in 1910, Levels: Two, New Project
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