1411-1415 Court Street
46 Unit Development Opportunity in Echo Park
Max. Floor Area Ratio
Buildable Units "By right"
PROPOSED PROJECT (TOC TIER 1)
Gross Floor Area
Type 1A Floor Area
1 dwelling unit/400 SF
3 : 1
12,040 Land SF
TOC Tier 1
46 Entitled Units
Prime RTI Development Opportunity
1411-1415 W Court Street will be delivered with Ready to Issue (RTI) Permits for a 46 unit multifamily project.
Opportunity to build almost immediately
Ownership is approximately 60 days from RTI. Buyer to be responsible for cost of pulling permits after the close of escrow.
Excellent Visibility and Access
The property is comprised of two contiguous lots with approximately 86 feet of frontage along Court Street and 20 feet of rear alley access connecting Patton Street and Douglas Street.
Thoughtfully Designed Project
The plans call for an excellent unit mix of (19) Studios, (3) 1 Bed, 1 Bath, (9) 2 Bed, 1 Bath, (5) 3 Bed, 3 Bath, and (10) 4 Bed, 3 Bath units. The project also includes an innovative and cost efficient puzzle parking system, eliminating the need for an additional level of subterranean parking.
Irreplaceable South Echo Park Location
South Echo Park is quickly becoming one of the most exciting neighborhoods in Los Angeles. A vibrant walkable district with a combination of several brand new developments and boutique retail and dining, South Echo Park is emerging as rapidly as any other in Los Angeles.
Proximity to Major Employment Centers
The property sits just west of Downtown LA and just southeast of the barrage of high profile office buildings in Koreatown and Hollywood.