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Millman Team Real Estate

$1,680,000
0.42 Acre Lot

1200 W Innes Avenue, Los Angeles, California 90026

  • Land Property Type
Property Description

Exceptional Multifamily Development Opportunity to acquire a 16, 723 SF development site in the highly sought-after Angelino Heights Historic Preservation Overlay Zone (HPOZ), a historic neighborhood within the vibrant Echo Park community. Zoned R3-1VL and eligible for Tier 3 Transit-Oriented Communities (TOC) incentives, this property offers outstanding development potential with the opportunity to take advantage of increased residential density, higher floor area ratios (FAR), and reduced parking requirements, subject to city approval. The irregular hillside parcel measures approximately 38.21′ x 175.97′ x 62.70′ x 110.57′ x 154.50′ (see site map), creating opportunities for innovative architectural and site design that maximize views and project value. Strategically located just north of the 101 and 110 Freeways, with convenient access to the 5 Freeway, the property offers excellent visibility and connectivity. It is only minutes from Dodger Stadium and approximately one mile from the Metro A (Gold), B (Red), and D (Purple) Rail Lines, with multiple Metro bus routes along Sunset Boulevard just steps away. Residents will enjoy convenient access to Downtown Los Angeles, Chinatown, Westlake, Koreatown, Silver Lake, and other major employment and entertainment centers. With strong rental demand, limited housing inventory, and exceptional transit access, this site presents an outstanding opportunity to develop a premier apartment community, affordable or mixed-income housing project, or other multifamily investment in one of Los Angeles’ most desirable urban neighborhoods. Buyer is advised to independently verify zoning, development standards, HPOZ requirements, hillside regulations, TOC eligibility, and all applicable incentives and approvals with the City of Los Angeles.

Basic Details
Land
For Sale
TR26161125
$1,680,000
City Lights
0.42 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90026
Innes
1200
Avenue
W119° 45' 5.8''
N34° 4' 16.7''
Exit Grand Ave, left on N. Grand Ave, left on W. Cesar Estrada Chavez Ave, right on Vin Scully Ave, right on Lilac Pl
C21 - Silver Lake - Echo Park
W
R3-1VL
Additional Information
$0
$0
$0
$0
$0
: Urban
2026-07-25
: Public
Broker/Agent Information
Newco Realty
Christina Wong
Listing Information
HWONGCHR
8572
Cash
Active
2026-07-27T20:45:49Z
CRMLS
: Standard
2026-07-25T14:21:48Z
Agent info
Ray Millman
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