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430 N Bixel St $1,575,000

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    430 N Bixel St Los Angeles, CA 90026

    • 11 Beds
    • 8 Baths
    • 6,462 sq. ft.
    • Multi-Family
    • MLS# 24-356591
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    Views: 1 Days On Site: 13

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    Property Details

    We are pleased to present an eight (8) unit apartment building located at 430 N Bixel Street in Los Angeles, California. The subject property is located in a solid South Echo Park Location, south of W Temple Street and east of Glendale Boulevard. Built in 1923, this property contains a great unit mix of four (4) one-bedroom / one-bathroom units, one (1) one-bedroom / one-bathroom unit with a bonus den, and three (3) two-bedroom / one-bathroom units. The units are spread across four (4) detached craftsman style buildings with limited on-site parking available. The property goes street-to-street with side alley access making this a wonderful candidate for redevelopment. Complying with the Central City West Specific Plan, this property has a zoning of R4(CW) with a large abutting alleyway (used for density calculation), allowing for twenty-two (22) units by-right with potential to utilize Tier 2 TOC or ED 1 density bonus incentives. Situated in a solid South Echo Park location, this offering presents an excellent opportunity for any investor or developer to capitalize on one of the numerous options this property has as a value-add project or a redevelopment site in one of the fastest growing areas of Los Angeles.

    • General Features
      • County Los Angeles
    • Building Features
      • Total # of Baths 8.00
      • Total Bedrooms 11
      • Cooling Air Conditioning
      • Flooring Wood
      • Heating Wall
      • Levels Two
      • Living Area 6462
      • Stories 2
    • Property Features
      • Lot Description Alley Paved, Lot Shape-Rectangular, Single Lot
      • Other Structures Other
      • Patio Features Patio Open
      • Pool Description None
      • Pool Y/N No
      • Spa None
      • Tennis Court None
      • View Description City

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    Neighborhood

    90026 (Los Angeles) Demographics

    35 Median Age
    15,700 Population Density (per sq. mile)
    47% College Educated
    $67,435 Estimated Median Income
    6,392 Estimated Total Home Owners
    20,415 Estimated Total Renters
    24% / 76% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    67,657 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,330,000 Median Sales Price
    7 Homes Sold
    67 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,575,000
        2/8/2024 6:27:00 PM New in Database Source: Multiple Listing Service New Value: $1,575,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.