419 N Lake St Los Angeles, CA 90026

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Listing date Apr 15, 2026

Source Cbre

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Investment Insights

Based on property information with market context.

This offering features an entitled 95-unit ED1 project designed for income-restricted housing, situated on a double lot encompassing approximately 12,011 square feet (approximately 0.276 acres). The seller is committed to delivering the project with RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1VL, the project has been granted six incentives and waivers, including the removal of maximum density restrictions, increased Floor Area Ratio (FAR), and reduced setbacks and open space, all attributed to the project's ED1 status. The design incorporates six stories and a unit mix of studios and one-bedroom apartments. The project does not include subterranean parking. Twenty at-grade parking spaces will be available for tenants, complemented by 74 bicycle spaces and a roof deck lounge.

Key Highlights

• Entitled 95‑unit income‑restricted housing project.
• RTI (ready to issue) permits delivered at close of escrow.
• Zoned LAR3‑1VL with ED1 status granting six incentives/waivers.

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FAQs

What type of property is this?

Land - Entitled 95-unit income-restricted housing project with RTI permits.

Where is this land located?

The property is located at 419 N Lake St Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,575,000.

What are key features of this property?

This property features: Entitled 95‑unit income‑restricted housing project.; RTI (ready to issue) permits delivered at close of escrow.; Zoned LAR3‑1VL with ED1 status granting six incentives/waivers.