Welcome to 120-122 N Westlake Ave. Investor's dream! Shovel Ready. 4 Units RTI Issued and Ready plus ADU (plans/RTI) in Silver Lake – Echo Park!! The lowest price in Echo Park for a project in this category, and it's an excellent opportunity for multi-unit investors/developers. 2 units of 6bed-5bath, 2 units of 5bed-4bath, and an ADU 3bed-3bath with 2 parking spots for each unit. Listing Price: $1,4M, Estimated Construction Cost: 1.4M, and Estimated Gross Development Value: Minimum of $4.2M. The property is currently two furnished units with a running Airbnb rental that is generating a 6-8K cash flow until construction begins. RTI and Plans will be sent upon request.
Sold for $1,325,000
Zillow last checked:
Listing updated:
Bought with:
Chris Limon, DRE #01182471
Century 21 A Better Service
Source: CRMLS,MLS#: SR23094247
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | $1,325,000-5.4%$733/sqft |
Source:  CRMLS #SR23094247 Report a problem | ||
| 10/2/2023 | Contingent | $1,400,000$774/sqft |
Source: CRMLS #SR23094247 Report a problem | ||
| 10/2/2023 | Pending sale | $1,400,000$774/sqft |
Source: CRMLS #SR23094247 Report a problem | ||
| 9/27/2023 | Contingent | $1,400,000$774/sqft |
Source: CRMLS #SR23094247 Report a problem | ||
| 5/31/2023 | Listed for sale | $1,400,000+47.4%$774/sqft |
Source: CRMLS #SR23094247 Report a problem | ||
| 1/27/2022 | Sold | $950,000$525/sqft |
Source: Public Record Report a problem | ||
| 1/12/2022 | Pending sale | $950,000$525/sqft |
Source: CRMLS #DW22002467 Report a problem | ||
| 1/6/2022 | Listed for sale | $950,000-4.9%$525/sqft |
Source: CRMLS #DW22002467 Report a problem | ||
| 9/1/2021 | Listing removed | -- |
Source:  SDMLS #DW21025122 Report a problem | ||
| 4/28/2021 | Listed for sale | $999,000+316.3%$553/sqft |
Source: SDMLS #DW21025122 Report a problem | ||
| 11/5/2002 | Sold | $240,000+54.8%$133/sqft |
Source: Public Record Report a problem | ||
| 12/24/1997 | Sold | $155,000+55%$86/sqft |
Source: Public Record Report a problem | ||
| 7/1/1997 | Sold | $100,000$55/sqft |
Source: Public Record Report a problem | ||
Nearby homes
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,046,200
