#DW25021800, Joshua Vivanco, Listing Office: Keller Williams SELA
1157-1201 E 20th St Los Angeles, CA 90011
Property details
About 1157-1201 E 20th St
We are pleased to present a 10,886 square foot double lot located at 1157-1201 East 20th Street in Los Angeles, California. The subject property is situated in a great South-Central Los Angeles location, east of S Central Ave and south of E Washington Boulevard. This offering is positioned on two (2) parcels totaling 10,886 square feet of land with a zoning ordinance of LAR3-1. This allows for fourteen (14) units by-right. The lots are currently operating as a multifamily property with a total of seven (7) units giving a developer income while going through entitlements. The double lot is large offering developers a great opportunity to utilize ED1 with no maximum density requirement, and AB 2097 with no minimum parking requirement. Per ED1 this property has potential to bypass the maximum height requirements. Limited additional concessions or incentives are granted under the State Density Bonus program. By utilizing ED1 there is potential to up to eighty (80) units. This asset is positioned near many great local amenities including Trinity Recreation Center, 1720, Planet Fitness, The Boil Daddy, and 27th Street Bakery. Situated in a great South-Central Los Angeles Location, this offering presents an excellent opportunity for any developer to capitalize on a large double lot with the potential to build up to eighty (80) units utilizing ED1.
Highlights
Summary
- MLS Number: 24440391
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Jason Tuvia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/1/2025, 10:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,170,000
1157-1201 E 20th St
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Price information
Property sales
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Tax history
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Nearby schools
5
20th Street Elementary School
Public District KG-5
0.4 mi
•1353 E 20th St
4
Nevin Avenue Elementary School
Public District KG-5
0.5 mi
•1569 E 32nd St
4
Center for Advanced Learning
Public Charter KG-5
0.9 mi
•4016 S Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,213. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1157-1201 E 20th St
This home is located at 1157-1201 E 20th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,170,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.