1584 Oak Grove Pl - Residential LAND FOR SALE


Los Angeles, CA 90041- Eagle Rock13,504 SF
$2,000,000 USD
310-909-5444
1584 Oak Grove Pl, Los Angeles, CA for Sale
$2,000,000 USD
Residential LAND - FOR SALE
1/7
13,504 SF

1584 Oak Grove Pl
Los Angeles, CA 90041
Eagle Rock


HIGHLIGHTS

  • The Neema Group of Marcus & Millichap is pleased to present a development opportunity at 1584 Oak Grove Pl
  • A 13,380 SF lot zoned RD1.5-1 just south of Yosemite Dr in the Eagle Rock neighborhood
  • The site can be delivered RTI for eight luxury townhouse units, all totaling four bedrooms and three and a half bathrooms
  • The site is currently vacant, allowing a developer to break ground immediately with no tenant relocation required
  • Ideal location on a quiet, residential street in proximity to transit, retail, and employment in the neighborhood
  • Opportunity to build a highly desirable townhouse product in a supply-constrained pocket of Eagle Rock

OVERVIEW

The Neema Group of Marcus & Millichap is pleased to present a development opportunity at 1584 Oak Grove Pl, a 13,380 SF lot zoned RD1.5-1 just south of Yosemite Dr in the Eagle Rock neighborhood of Los Angeles, less than a mile from Occidental College. The site can be delivered RTI for eight luxury townhouse units, all totaling four bedrooms and three and a half bathrooms ranging from 1,526 SF – 1,593 SF with plans calling for in-unit washers and dryers, private rooftop decks, and two car garages. The site is currently vacant, allowing a developer to break ground immediately with no tenant relocation required. Ideal location on a quiet, residential street in proximity to transit, retail, and employment in the neighborhood. Opportunity to build a highly desirable townhouse product in a supply-constrained pocket of Eagle Rock.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$6,451,422/AC

PRICE/SF

$148 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd

LAND ACRES

0.31 AC

LAND SF

13,504 SF

OFFSITE IMPROVEMENTS

-

ZONING

LARD1.5

APN/PARCEL ID

5689-028-003

ASK ABOUT THIS PROPERTY

Neema AhadianMarcus & MillichapMore Info
310-909-5444

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Neema AhadianMarcus & MillichapMore Info
310-909-5444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.