$350,000
PENDING

Estimated payment $2,026/month

Total Views 2,440
0.17 Acre
$2,056,404 Price per Acre
7,500 Sq Ft Lot

About This Lot

This is a rare opportunity to acquire two adjacent properties in the desirable Echo Park neighborhood of Los Angeles. The primary offering includes the vacant parcel located at 1467 Ridge Way, which is zoned R2 and spans approximately 7,500 square feet. Additionally, the property at 1471 Ridge Way, which features a historic home, will be sold together with the vacant lot. The combined lot size is 15,000 square feet, offering incredible potential for development, expansion, or creating a multi-residence compound. Both parcels are located within a City Historic Preservation Overlay Zone (HPOZ) and are situated in one of Los Angeles' most sought-after areas, known for its charm and proximity to vibrant local amenities. This is a unique opportunity for investors or developers to secure a prime piece of land in Echo Park.

Listing Agent

Mark Cianciulli

The CREM Group License #01990266 Listed on: 04/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $910

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR2

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5405-009-027

Property Details

Property Type

Land

Est. Annual Taxes

$910

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.1702
  • Lot Dimensions: 50x150
  • Probate: Yes
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5405-009-027
  • Lot Description: Yard
  • Lot Location: City
  • Lot Size Area: 7500

Rental Info

  • Court Approve: No

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $910 $73,560 $73,560 --
2023 $892 $72,118 $72,118 $0
2022 $847 $70,704 $70,704 $0
2021 $838 $69,318 $69,318 $0
2019 $811 $67,263 $67,263 $0
2018 $812 $65,945 $65,945 $0
2016 $775 $63,385 $63,385 $0
2015 $762 $62,433 $62,433 $0
2014 $768 $61,211 $61,211 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $350,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $47,000 United Title
Trustee Deed $50,000 --
Source: Public Records

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Source: The MLS

MLS Number: 25530209

The MLS

APN: 5405-009-027