See Home Value
$2,581,956*
Land - Off Market

1525 W ROCKWOOD ST

LOS ANGELES, CA 90026
bedrooms
Studio
bathrooms
0 Bath
$1,796,000 - $2,194,000
Reference Base Price*
29.42%
Since Feb 1, 2021
CA-Los Angeles
Primary Model

About This Property

Multiple VACANT Lots with access from two separate alleys. Total Lot size is app, 33,000 Sq Ft. Zoning RD2-1. The assemblage fronts two streets, Colton St (129' LF frontage) and Rockwood St (140' LF frontage) and are separated by 20' alley in between each assemblage. The Colton assemblage is 15,450 Sq Ft (TOC Tier 1) and the Rockwood Assemblage (TOC Tier 2) is app 17,500 Sq Ft. A second alley on the right side on each assemblage runs from Colton St to Rockwood St. There is a cumulative total of appx 458' of 20' alley frontage which can increase your density while providing more ingress/egress. TOC permits 35% density bonus w/10% affordable housing. Potential to develop 26 units. Per seller, all oil wells on the property have been remediating with permit. Buyer to verify all information. The development opportunity is centrally located in the most dynamic area of Echo Park. Bordered by Los Feliz, Silver Lake, Downtown LA and Hollywood. SELLER MAY CONSIDER LONG ESCROW
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 5, 2021 In contract -
In contract
Jun 27, 2021 Price Decreased $1,295,000
↓ $205K (13.7%)
Price Decreased
May 1, 2021 Price Decreased $1,500,000
↓ $150K (9.1%)
Price Decreased
Feb 11, 2021 Listed $1,650,000
Listed
APN 5159-015-015, 014, 013- THREE LOTS TOTAL. The Rockwood Assemblage (TOC Tier 1) is app 17,500 Sq Ft with 140 LF frontage and 20 alley in between Rockwood assemblage and Colton assemblage. A second alley on the right side on each assemblage runs from Colton St to Rockwood St. There is a cumulative total of appx 458 of 20 alley frontage which can increase your density while providing more ingress/egress. TOC permits 35% density bonus. The development opportunity is centrally located in…
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Property Highlights

With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,980,000 Apr 11, 2023
-
-
Commercial
Loft
-
-
$1,795,000 May 9, 2023
-
-
House
3 Beds
2.5 Baths
1,878 ft²
$1,011/ft²
$1,899,000 Apr 24, 2023
-
-
House
2 Beds
2 Baths
1,453 ft²
$1,170/ft²
$1,700,000 Apr 25, 2023
-
-
House
3 Beds
3 Baths
3,435 ft²
$493/ft²
$1,695,000 Apr 13, 2023
-
-
Multifamily
4 Beds
-
-
$1,795,000 Apr 6, 2023
-
-
Multifamily
5 Beds
-
-
$2,245,000 May 17, 2023
-
-
Multifamily
13 Beds
9.5 Baths
5,840 ft²
$291/ft²
$1,700,000 Mar 9, 2023
-
-
House
5 Beds
2.5 Baths
3,629 ft²
$468/ft²
$1,699,000 Feb 6, 2023
-
-
Multifamily
6 Beds
10 Baths
5,610 ft²
$285/ft²
$1,599,000 Feb 10, 2023
-
-
House
7 Beds
5 Baths
4,321 ft²
$370/ft²
$1,599,000 Mar 28, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210211
02/11/2021
Loft
-
-
$1,650,000
bedrooms
Loft
bathrooms
-
-
-
-
Shawn S. Kormondy
Keller Williams Beverly Hills
20200312
03/12/2020
Loft
-
-
$2,495,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

1525 West Rockwood Street 1525 West Rockwood Street, Los Angeles, CA 90026
More about this Building
1525 West Rockwood Street
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About East LA


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