An exceptional development opportunity featuring a Single-Family Residence (SFR) and an Accessory Dwelling Unit (ADU), both complete with Ready to Issue (RTI) plans. The unit breakdown includes: SFR: 4 Bedrooms / 4 Bathrooms, approximately 1,437 sq. ft. ADU: 3 Bedrooms / 3 Bathrooms, approximately 1,218 sq. ft. Situated on a spacious 6,731 sq. ft. lot, each unit comes with its own utility room. With all plans approved, this project is set to break ground immediately upon escrow closing. Zoned LAR3, it offers a smooth, hassle-free development process, with no demolition or tenant issues to manage. Located in close proximity to Downtown LA, Koreatown, Silver Lake,and the 101/110 Freeways, this project is perfectly positioned for urban convenience and growth potential.
Echo Park is located in California. Echo Park, California has a population of 1,974,888.
The median household income in Echo Park, California is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Echo Park is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.