Description
We are pleased to present 4547-4567 Otay Drive, an amazing investor opportunity to buy four vacant lots in the beautiful city of Mount Washington. The 23,475 SF lot has already been subdivided into four lots with LA City that will be sold together. This four-lot subdivision is ideal for a developer to build four houses of 2,500 SF plan design. 4547-4567 Otay Drive is ideally located in the center of the soaring Mount Washington submarket. With irreplaceable Downtown Views, dramatic hillsides, and award-winning architecture, this Northeast Los Angeles neighborhood has quickly become one of the most desirable residential locations in Los Angeles. Mount Washington is bordered on the north by Eagle Rock, east by Highland Park, south, southwest, west by Cypress Park, and northwest by Glassel Park. The neighborhood also offers one of the most desirable school districts (Mount Washington Elementary) in Southern California. Surrounded by hip/trendy bars and restaurants in adjacent neighborhoods (Echo Park, Highland Park, and Silver Lake) and easy access to numerous employment options in Downtown Los Angeles and Glendale, Mount Washington is currently experiencing rapid gentrification and an influx of young professionals.
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0BEDS
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0.54ACRES
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01/2 BATHS
School Ratings & Info
Description
We are pleased to present 4547-4567 Otay Drive, an amazing investor opportunity to buy four vacant lots in the beautiful city of Mount Washington. The 23,475 SF lot has already been subdivided into four lots with LA City that will be sold together. This four-lot subdivision is ideal for a developer to build four houses of 2,500 SF plan design. 4547-4567 Otay Drive is ideally located in the center of the soaring Mount Washington submarket. With irreplaceable Downtown Views, dramatic hillsides, and award-winning architecture, this Northeast Los Angeles neighborhood has quickly become one of the most desirable residential locations in Los Angeles. Mount Washington is bordered on the north by Eagle Rock, east by Highland Park, south, southwest, west by Cypress Park, and northwest by Glassel Park. The neighborhood also offers one of the most desirable school districts (Mount Washington Elementary) in Southern California. Surrounded by hip/trendy bars and restaurants in adjacent neighborhoods (Echo Park, Highland Park, and Silver Lake) and easy access to numerous employment options in Downtown Los Angeles and Glendale, Mount Washington is currently experiencing rapid gentrification and an influx of young professionals.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T14:43:06.45. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.