19
See all 19 photos
$2,599,999
Est. payment /mo
2 Beds
1 Bath
9,177 Sqft Lot
Active
3051 N Coolidge Avenue Los Angeles, CA 90039
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26671623
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1928
Lot Size 9,177 Sqft
Acres 0.2107
Property Sub-Type Single Family Residence
Property Description
Positioned as one of the rarest available development sites in Los Angeles, this riverfront opportunity, located on the East Side's ever-popular Frogtown neighborhood, is ready for its next chapter. Currently, an uninhabitable single-family home and a paved parking lot stand, but visionaries will see an array of future possibilities. Comprised of two parcels totaling over 9,000 Sqft, the expansive lot offers nearly 115 feet of riverfront & bike path frontage - one of the largest in the neighborhood. With one parcel zoned "Residential" and the other zoned "Commercial Manufacturing", this opportunity allows a new owner/developer to take advantage of this truly scarce multiple-use zoning within the city. Most exclusively, the zoning allows for multiple permitted "Live/Work" structures, one of the rarest permitted structures in all of Los Angeles. Other "By Right" zoning approvals include amusement enterprises, art or antique shops, auditorium/concert venues, bakery goods shops, studios, restaurants and more (Buyer to verify with city). The Los Angeles River Revitalization Master Plan (LARRMP) calls for future revitalization connecting more people to future trails and parks along the river, further improving walkability and sense of community. This opportunity also sits in between neighboring Frogtown staples Spoke & Lingua Franca, and close proximity to Lewis MacAdams River Front Park (formerly Marsh Park), and Frogtown Brewery. An opportunity of a lifetime to create your riverfront vision.
Location
State CA
County Los Angeles
Zoning LACM
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View Y/N true
View Hills
Private Pool false
Building
Story 2
Level or Stories Two Story
New Construction No
Others
Tax ID 5442023003
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Listed by James Harm • Compass
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