Price Reduced Listing
Description
Welcome to 744 & 744 1/2 AMADOR ST. LOS ANGELES, CA. Exceptional Development Opportunity Adjacent to Dodger Stadium! Rare opportunity to acquire a flat R-1 homesite in the highly desirable Historic Solano Canyon neighborhood with Ready-to-Issue (RTI) permits APPROVED by the City of Los Angeles! Skip months of planning and move directly toward construction with approved plans for an approximately 1,900 sq. ft. development featuring a 3-bedroom, 2-bath main residence plus a 1-bedroom, 1-bath ADU with laundry hookups. Perfectly positioned just minutes from Downtown Los Angeles, this premier location offers convenient access to the 110 & 5 Freeways, parks, restaurants, entertainment, and is only a few homes from Historic Mission Conrado. Dodger Stadium is just beyond your backyard, placing you in one of Los Angeles' most iconic neighborhoods. Value in land. Olympics held here in 2028! Whether you're a builder, investor, or future homeowner, this property offers outstanding upside. Estimated after-construction value is approximately $2Mil. Projected market rents are approximately $7,500/month for the main residence and $2,700/month for the ADU, making this an attractive opportunity for long-term income or multigenerational living. Construction financing may be available for qualified buyers. Contact the listing agents for additional information regarding the approved plans and financing options. Owners are licensed California real estate brokers and are the listing agents. All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all information, including permits, zoning, development potential, square footage, rental estimates, and all aspects of the property through their own due diligence. See Supplements Attached.
Details
| MLS # | OC26165410 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 48 |
| Listing Provided By | Reliable Real Estate Company | Elvia Gonzalez |
Features
| Zoning | R1 |
|---|---|
| Acreage | 0.07 |
| Property View | Yes |
Exterior
| Lot Features | Zero To One Unit Acre, Back Yard, Front Yard, Level, Value In Land, Walkstreet |
|---|---|
| Fencing | None |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Park, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90012 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90012) | |
Price: $325,000 low | high Med: $1,250,000 On site: 48 low | high Med: 58 | |
Market Activity 90012
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90012 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90012) | |
Price: $325,000 low | high Med: $1,250,000 On site: 48 low | high Med: 58 | |
