As Silver Lake & Echo Park have become saturated with development projects and high land prices, this is an exceptional opportunity to enter a nearby market w/ tremendous growth potential. Zillow's #1 pick in 2017 for increased home value forecast out of all LA neighborhoods. This highly anticipated offering is a defining milestone in the upward trajectory of North East LA's next "IT" neighborhood, Cypress Park. Tentative tract map approval to build (10) three-story Single-Family Townhomes w/ attached on-grade parking situated on a vacant corner lot w/ alley. Gross sellable square footage will be 18,760 w/ avg unit size of 1,700 Sq Ft. Three separate model types of 3BR/3.5BA & 4BR/3.5BA- all with open floor plans, side-by-side parking, and decks/balconies. Centrally located off the 210 FWY north of Dodger Stadium and within walking distance to Metro as well as the greenlit $1B restoration of the Los Angeles River from Griffith Park to DTLA by famed architect, Frank Gehry.
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