1130 Sunset Boulevard

Los Angeles, CA 90012

$9,750,000
Price
33,000 / 0.76
Lot Size / Acres

Property Details for 1130 Sunset Boulevard

StatusActive
MLS #RS18191909
Year Built-
DOM466
Compass TypeLand
MLS TypeLand Lot
Lot Size0.76 AC
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Frank Sergi

All California Brokerage Inc

frankjsergi@aol.com

P: 562.293.2000

M: 714.904.3423

DRE #01232040

Contact Agent(s)

Property Details for 1130 Sunset Boulevard

View
None

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... 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.

Location

Listing Courtesy of All California Brokerage Inc, Frank Sergi, DRE #01232040

Building Information for 1130 Sunset Boulevard

Lot Size0.76 AC

Payment Calculator

$35,069 per month

30 year fixed, 3.51% Interest

Principal and Interest

$35,069

Property Taxes

HOA Dues

$0

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Property Information for 1130 Sunset Boulevard

Property Features
    Interior Features
  • View: No
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Type: Land
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Los Angeles
  • Directions: 101 Fwy to LA, exit N. Grand Ave., Left on W. Cesar / E. Cesar, which becomes Sunset Blvd, Property about 1/2 mile on the left.
  • MLS Area Major: Sunset Strip - Hollywood Hills West (C03)
    Distance To
  • Distance To Water: 0
    Association Information
  • Association: No
  • Community Features: Curbs
  • Association Fee: $.00
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Zoning: C2-1VL, ZI-2129
Land/Lot Info
    Land/Lot Info
  • Additional Parcels Description: 5405-028-027, 5405-028-003, 5405-028-004, 5405-028-005
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Acres: .76
  • Lot Size Square Feet: 33000
  • Lot Size Units: Square Feet

Property History for 1130 Sunset Boulevard

DateEvent & SourcePriceAppreciation
Aug 6, 2018Listed (Active)

SDMLS #RS18191909

$9,750,000
Aug 6, 2018Listed (Active)

CRMLS #RS18191909

$9,750,000
DateEvent & SourcePrice
08/06/2018
Listed (Active)

SDMLS #RS18191909

$9,750,000
08/06/2018
Listed (Active)

CRMLS #RS18191909

$9,750,000

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

Schools near 1130 Sunset Boulevard

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
New Covenant AcademyPrivateK-120.1 mi
NR
Downtown Business High SchoolPublic9-120.2 mi
9
Betty Plasencia Elementary SchoolPublicK-60.3 mi
5
Edward R. Roybal Learning CenterPublic9-120.4 mi
5

New Covenant Academy

K-12, 0.1 mi, Private

NR

Downtown Business High School

9-12, 0.2 mi, Public

9

Betty Plasencia Elementary School

K-6, 0.3 mi, Public

5

Edward R. Roybal Learning Center

9-12, 0.4 mi, Public

5

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.

Echo Park
Echo Park was one of LA’s first suburbs, built when downtown was still a patchwork of dirt roads populated by horse-drawn buggies.

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1130 Sunset Boulevard is a 0.76 ac of land for sale in Los Angeles, CA 90012. This property was listed for sale on August 6, 2018 by All California Brokerage Inc at $9,750,000. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 1130 Sunset Boulevard is a 0-bed, 0-bath, 0.76 ac of land on a 33,000 sq. ft. / 0.76 acres lot.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of All California Brokerage Inc, Frank Sergi, DRE #01232040
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