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For Sale

$1,195,000

18,147 sqft$66/sqft122 days on market

457 Del Norte Street

Los Angeles, CA 90065

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

18,147

Square feet

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Built

Listing narrative

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.

Listing agent (MLS): Crosby Doe · Listing brokerage (MLS): Crosby Doe Associates, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,195,000

Beds

Beds n/a

Type

Land

Home Size

18,147 sqft

Baths

Baths n/a

Lot Size

0.42 acres

Year

Year n/a

Status

For Sale

Days on Market

122

$ / Sqft

$66

· 8% down, 7% APR, 30yr fixed
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Courtesy of Crosby Doe Associates, Inc.