1130 Sunset Boulevard

1130 Sunset Boulevard

Los Angeles, CA 90012

$8,500,000
Last Sold Price
33,000 / 0.76
Lot Size / Acres

Closed 7/25/22

Closed 7/25/22

a picture of a door of the house
a view of a swimming pool with outdoor seating
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a view of a building and a entrance gate
a view of a street with a view of the street from a balcony
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a view of a street with a small yard
a view of a street with a building
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Description

Prime Echo Park Opportunity! Echo Park is an Eastside neighborhood with vibrant street murals and a lively nightlife scene. Surrounded by Dodger Stadium, Elysian Park, Angelino Heights and Chinatown Central Plaza, the area is booming. Brought about by the Chinatown Metro Line and the Transit Oriented Communities Affordable Housing Incentive Program, there are several new developments with hundreds of apartment units and thousands of square feet of retail in all phases of construction. The subject...Prime Echo Park Opportunity! Echo Park is an Eastside neighborhood with vibrant street murals and a lively nightlife scene. Surrounded by Dodger Stadium, Elysian Park, Angelino Heights and Chinatown Central Plaza, the area is booming. Brought about by the Chinatown Metro Line and the Transit Oriented Communities Affordable Housing Incentive Program, there are several new developments with hundreds of apartment units and thousands of square feet of retail in all phases of construction. The subject property is within a half-mile radius of the Chinatown Metro Red Line which is a vast transit community. The City of Los Angeles has officially given 1130 W. Sunset Blvd. a TIER TWO STATUS. Tier Two Status means: a 60% increase in residential density, a 30% decrease in the required width or depth of one individual yard or setback, a 45% increase in Floor Area Ratio, one parking spot per unit, regardless of the number of bedrooms in the unit or a 20% reduction in the nonresidential parking requirement
Effective September 22, 2017, the City of Los Angeles instituted the Transit Oriented Communities Affordable Housing Incentive Program. This program allows developers to build significantly more units within Transit-Oriented Communities. Provided the developer dedicates nine percent (9%) of the units to affordable housing. Obtaining lots 6 & 7 located at 1132 W. Sunset. Blvd. (which separate part of the subject property) would add another 6,000 sq.ft. to a new development project.
  1. Listed by Frank Sergi • DRE #01232040 • Brokerage DRE #02109201 • Corcoran Global Living

Property Details for 1130 Sunset Boulevard

View
None
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00
Zoning
C2-1VL, ZI-2129
Senior Community
No

Location

Listing Courtesy of Corcoran Global Living, Frank Sergi, DRE #01232040

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01338337

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LISTING UPDATED: 07/25/2022 12:21 PM

Property Details for 1130 Sunset Boulevard

StatusClosed
MLS #RS18191909
Days on Market611
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.76 AC
CountyLos Angeles County

Location

Listing Courtesy of Corcoran Global Living, Frank Sergi, DRE #01232040

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01338337

Add your commute

Building Information for 1130 Sunset Boulevard

Lot Size0.76 AC

Payment Calculator

$47,180 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

$792

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1130 Sunset Boulevard

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Additional Parcels Description: 5405-028-027, 5405-028-003, 5405-028-004, 5405-028-005
  • Lot Features: Lot 20000-39999 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 1130 Sunset Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1130 Sunset Boulevard

Taxable ValueLand$774,000Additions-Total$774,000
Tax Record2023$9,506 ($792 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtLot Size3,001 SqFtStyleParking LotYear Built1989ZoningLAC2CountyLOS ANGELESAPN5405-028-005

Schools near 1130 Sunset Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Betty Plasencia Elementary School
Public - K to 5
Sal Castro Middle School
Public - 6 to 8
Ramon C. Cortines School Of Visual And Performing Arts
Public - 9 to 12
Belmont Senior High School
Public - 9 to 12
Rating
School
Distance
Betty Plasencia Elementary School
PublicK to 5

Sal Castro Middle School
Public6 to 8

Ramon C. Cortines School Of Visual And Performing Arts
Public9 to 12

Belmont Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Global Living, Frank Sergi, DRE #01232040

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.