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$1,195,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26854771
Lot Size 0.417 Acres
Acres 0.4165
Property Description
A partner's move out of State has created an opportunity to acquire this city-approved project in Mount Washington near Downtown Los Angeles. While Mount Washington's youth-oriented, high-demand area creates one of the City's best opportunities for profitable building, the Mount Washington/Glassell Park Specific Plan makes new projects such as this Mutuo-designed architectural community virtually prohibitive. The Los Angeles City Planning Department approvals for this project took 7 years! A close review of the plans for this project reveals that the principal architect Jose Herrasti's vision affords much more than a builder's speculation opportunity. The completion of this project is true to Mutuo's design philosophy: "At Mutuo, we believe in blurring the boundaries of the architectural profession to proactively create systemic impact. We intentionally move beyond the traditional role of the architect to act as strategic partners in shaping the built environment, using design as a primary tool for solving complex urban challenges and advancing social equity." Completion of this project will add a new node of architecturally important, socially conscious lifestyles to the Mount Washington community, already recognized for its wealth of historically significant architecture.
Location
State CA
County Los Angeles
Area Mt Washington
Zoning LAR1
Exterior
Waterfront Description None
View Y/N Yes
View Canyon
Building
Lot Description 2-4 Lots, Street Paved, Curbs
Water Public
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
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Listed by Crosby Doe Associates, Inc.
NEARBY SCHOOL & BUSINESS
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