Land 4547-4567 Otay Dr Los Angeles, CA $1,250,000

0.54 Lot Acred 23,475 Lot SqFt $42.60 Price/Land-SqFt 4 Buildable Homes $250,000 Price/Buildable Home 10,000 Residential SqFt lare20 Zoning I am pleased to present 4547-4567 Otay Drive, an amazing investor opportunity to buy four vacant lots in the beautiful city of Mount Washington. The 23,475 SF lot has already been subdivided into four lots with LA City that will be sold together. This four-lot subdivision is ideal for a developer to build four houses of 2,500 SF plan design. 4547-4567 Otay Drive is ideally located in the center of the soaring Mount Washington submarket. With irreplaceable Downtown Views, dramatic hillsides, and award-winning architecture, this Northeast Los Angeles neighborhood has quickly become one of the most desirable residential locations in Los Angeles. Mount Washington is bordered on the north by Eagle Rock, east by Highland Park, south, southwest, west by Cypress Park, and northwest by Glassel Park. The neighborhood also offers one of the most desirable school districts (Mount Washington Elementary) in Southern California. Surrounded by hip/trendy bars and restaurants in adjacent neighborhoods (Echo Park, Highland Park, and Silver Lake) and easy access to numerous employment options in Downtown Los Angeles and Glendale, Mount Washington is currently experiencing rapid gentrification and an influx of young professionals.t and instead use that saved cash to invest back into the building in order to realize the great potential of this property.