419 N Lake Street, Los Angeles, CA 90026

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Champions
419 N Lake Street,Los Angeles, CA 90026
$3,575,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: adam peterson
Office: cb richard ellis, inc.
MLS#:26650287
Source:CRMLS

Price summary

  • Price:$3,575,000

About this home

The offering consists of an entitled 95-unit ED1 project of income-restricted housing on a 12,011 (.276ac) double-lot. The seller will deliver the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1VL, the project was granted six incentives/waivers including no maximum density. increased FAR, and decreased setbacks/open space as a result of the project's ED1 status. The project contemplates no subterranean parking, is 6 stories in height and offers a unit mix of studios and 1-bedrooms. Twenty at-grade parking spaces will be available to tenants along with 74 bicycle spaces and a roof deck lounge. Echo Park has witnessed significant multifamily development in recent years, driven by its increasing desirability and proximity to employment centers. The multifamily vacancy rate remained relatively low at around 5.4% in late 2024, pointing to consistent demand for rental units in this attractive and well-located neighborhood near major employment centers. Silver...

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Home facts

  • Listing ID #:26650287
  • Added:94 day(s) ago
  • Updated:May 24, 2026 at 10:39 AM

Structure and exterior

  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$3,575,000
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