163 N Edgeware Road presents a fully entitled multifamily development opportunity in the Echo Park /City West submarket, just minutes from Downtown Los Angeles. The property is offered with approved plans and approx. 80% of permits paid for a 18-unit plus 2 ADU residential project, allowing a developer to immediately proceed to construction. Fully entitled and permit-paid for 20-unit development. High-density TOC project with reduced parking requirements Efficient 8,710 SF design maximizing rent per SF Only 4 required parking spaces with a potential to add 2additional ADU's (1-1 bed & 1-2 bed) providing additional income upside and a 22 unit project. Eliminates entitlement risk and shortens development timeline. Seller has paid approx. $350,000 to $400,000 in permits, architecture, engineering, expediter, relocation fees. Prime Echo Park / City West location near Downtown LA, located in a supply-constrained, high-demand rental submarket. The unit mix includes studios, loft-style units, and one-bedroom apartments, targeting a broad renter base in a high-demand submarket. The inclusion of ADU's provides additional income with minimal incremental construction cost, further enhancing project returns. With approvals in place, the project offers immediate execution and avoids the uncertainty, time, and expense typically associated with entitlements in Los Angeles.
Vacant landProperty Type
4,778 sq ftLot Size
$334Price/Sq.Ft.
Listed by Errol Spiro•DRE #00893163• Miller & Desatnik Realty Co.
Temple-Beaudry, located between Echo Park and Downtown Los Angeles, is a residential and civic Los Angeles neighborhood with hillside streets and freeway-edged blocks. The neighborhood’s character concentrates around the Beaudry Avenue overpass at Temple Street, where traffic hum, pocket viewpoints, and mid-rise buildings set an urban cadence. Architectural notes run from older apartment courts to contemporary infill near the towers. Vista Hermosa Natural Park frames the area with native landscaping and skyline lookouts. The Cathedral of Our Lady of the Angels and The Broad anchor nearby cultural gravity. Grand Avenue’s museums and concert halls shape daily routes on foot and by transit.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Lot located south of the 101 Freeway, west of the 110 Freeway, east of Glendale Blvd and north of 1st Street
Home design
Residential land
Construction
Zoned LACW
Other
Assessor parcel number 5160-015-002
No disclosures reported
Electricity and solar
View estimated energy costs and solar savings for this home
We are pleased to present the opportunity to acquire 163 North Edgeware Road, a five-unit apartment community. The property is located approximately 1.3 miles from Dodger Stadium and approximately 1.5 miles from Downtown Los Angeles which are both rapidly gentrifying submarkets.The building is two-story construction, consisting of four large one-bedroom/one-bathroom units and one two-bedroom/one-bathroom house. Welllocated in a dense neighborhood, the property offers the opportunity to increase rents and
We are pleased to present the opportunity to acquire 163 North Edgeware Road, a five-unit apartment community. The property is located approximately 1.3 miles from Dodger Stadium and approximately 1.5 miles from Downtown Los Angeles which are both rapidly gentrifying submarkets.The building is two-story construction, consisting of four large one-bedroom/one-bathroom units and one two-bedroom/one-bathroom house. Welllocated in a dense neighborhood, the property offers the opportunity to increase rents and substantially raise revenue. The property gives tenantseasy access to the entertainment venues and employment centers of Downtown Los Angeles. Due to its 1890 / 1904 construction, the property issubject to Los Angeles rent control statutes.The subject property allows an investor to acquire a value-add asset in an in-fill location near the sought-after submarkets of Echo Park, Elysian Park and Downtown Los Angeles.
TheMLS #17-296096
Mar 16, 2018
Sold
$1,055,000
Jan 17, 2018
Pending
—
Dec 12, 2017
Listed
$1,075,000
+2
We are pleased to present the opportunity to acquire 163 North Edgeware Road, a five-unit apartment community. The property is located approximately 1.3 miles from Dodger Stadium and approximately 1.5 miles from Downtown Los Angeles which are both rapidly gentrifying submarkets. The building is two-story construction, consisting of four large one-bedroom/one-bathroom units and one two-bedroom/one-bathroom house. Welllocated in a dense neighborhood, the property offers the opportunity to increase rents and substantially raise revenue. The property gives tenantseasy access to the entertainment venues and employment centers of Downtown Los Angeles. Due to its 1890 / 1904 construction, the property issubject to Los Angeles rent control statutes. The subject property allows an investor to acquire a value-add asset in an in-fill location near the sought-after submarkets of Echo Park, Elysian Park and Downtown Los Angeles.
Public Records
Mar 18, 2011
Sold
$225,000
Public Records
Dec 24, 1964
Sold
$21,000
Year
Property tax
Land + Additions
Assessment*
2025
$15,151 (+1.2%)
$928,466 + $295,947
$1,224,413
2024
$14,977 (+1.9%)
$910,261 + $290,145
$1,200,406
2023
$14,700 (+4.7%)
$892,413 + $284,456
$1,176,869
2022
$14,043 (+1.3%)
$874,915 + $278,879
$1,153,794
2021
$13,863 (−1.0%)
$857,760 + $273,411
$1,131,171
2020
$13,999 (+4.0%)
$840,942 + $268,050
$1,108,992
2019
$13,463 (+227.6%)
$832,320 + $265,302
$1,097,622
2018
$4,110 (+3.0%)
$816,000 + $260,100
$1,076,100
2017
$3,990 (+3.1%)
$147,043 + $128,109
$275,152
2016
$3,871 (+1.3%)
$147,043 + $128,109
$275,152
2015
$3,823 (−1.2%)
$144,160 + $125,598
$269,758
2014
$3,869 (−0.8%)
$139,214 + $121,289
$260,503
2012
$3,901 (+198.4%)
$138,585 + $120,741
$259,326
2011
$1,307 (+6.9%)
$135,868 + $118,374
$254,242
2010
$1,223 (+3.2%)
$16,437 + $32,127
$48,564
2009
$1,185 (+2.2%)
$16,315 + $31,887
$48,202
2008
$1,160
$16,354 + $31,963
$48,317
Public record
Public record
Permits
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
4,779 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
762
Year built
1890
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5160015002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Oct 19, 2009 • Final
Hvac
Replace a direct vent heating or cooling unit.
HVAC
Aug 8, 2008 • Final
Bldg-alter/repair
Apply new stucco over the existing siding.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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