Maher Commercial Realty is thrilled to present 1411-1415 W Court Street, a premier development opportunity in a highly sought-after location just south of Echo Park. This 12,042 Sq.Ft lot, zoned CW with an R4 base density, offers the potential to develop up to 66 units in a vibrant and evolving neighborhood. With breathtaking views of the Hollywood Hills, Griffith Observatory, and Downtown LA, this property provides a blank canvas for developers looking to create a modern residential building with exceptional amenities.
The Perfect Location for City Living
Located in a dynamic, walkable area, this property is surrounded by a mix of new developments, trendy retail, and dining options. Imagine residents strolling to Laveta Coffee for their morning brew, dining at Butchr Bar, or getting a workout at Strength Shoppe. The proximity to Echo Park, Silverlake, Historic Filipinotown, Koreatown, and Downtown LA makes it an ideal choice for young professionals who crave the cultural vibrancy of city life. Whether it’s shopping, dining, or entertainment, everything is within reach, making it the perfect location for urban living.
The property is strategically located near key Los Angeles destinations, including UCLA, Century City, and Beverly Hills, offering tenants easy access to shopping, dining, and entertainment. For investors, the location provides convenient proximity to the 405 Freeway, making commuting a breeze.
Zoning and Development Potential
This site consists of two contiguous parcels, with all existing structures demolished—meaning no tenant relocation is required, streamlining the development process. The zoning allows for flexible building options:
State Density Bonus Law AB 1287: Developers can utilize this law to build up to 66 units by setting aside 5 units for Very Low Income households and 5 units for Moderate Income households. This bonus provides a unique opportunity to increase density while providing affordable housing options.Transit Oriented Communities (TOC) Tier 1: Developers may also choose to use the TOC program to build up to 50 units, including 6 units designated for Very Low Income households. The TOC program is designed to encourage affordable housing near transit hubs, making this location an excellent fit for the initiative.
R4 Base Density: The zoning’s base density permits 33 units based on 1 unit per 400 square feet of lot area. Planning purposes take into account an area of 12,888 SF, including half of an adjacent alley, providing developers with the flexibility to create a thoughtfully designed residential building.
Previously, the property was entitled for 46 units, and developers may choose to utilize materials from those plans or pursue their own vision for the site. Whether building a new vision from the ground up or continuing the previous development plans, this lot offers incredible potential for creative design and growth.
No Parking Requirements
Thanks to AB 2097, there are no parking requirements for the development of this property, allowing developers to take a tailored approach toward parking. This is a significant benefit, particularly in a walkable and transit-friendly neighborhood like this one, where access to public transportation and city amenities minimizes the need for on-site parking.
A Vision for the Future
The opportunity at 1411-1415 W Court Street is a rare and valuable chance for developers to take advantage of a prime piece of real estate in one of Los Angeles’ most exciting areas. With zoning flexibility, no tenant relocation required, and the potential for up to 66 units, the property is poised to become a highly desirable development for both residents and investors.
For more information or to schedule a viewing, contact Maher Commercial Realty today to learn more about this incredible opportunity.
Prime Development Opportunity at 1411-1415 W Court Street, Los Angeles
