3051 N Coolidge Avenue, Los Angeles, CA 90039 - Berkshire Hathaway HomeServices California Properties
3051 N Coolidge Avenue Los Angeles, CA 90039
$4,199,000 0 beds, 0 baths
0 sqft

Agent Remarks

Positioned as one of the rarest available development sites in Los Angeles, this riverfront opportunity, located on the East Side's ever-popular Frogtown neighborhood, is ready for its next chapter. Currently, an uninhabitable single-family home and a paved parking lot stand, but visionaries will see an array of future possibilities. Comprised of two parcels totaling over 9,000 Sqft, the expansive lot offers nearly 115 feet of riverfront & bike path frontage - one of the largest in the neighborhood. With one parcel zoned "Residential" and the other zoned "Commercial Manufacturing", this opportunity allows a new owner/developer to take advantage of this truly scarce multiple-use zoning within the city. Most exclusively, the zoning allows for multiple permitted "Live/Work" structures, one of the rarest permitted structures in all of Los Angeles. Other "By Right" zoning approvals include amusement enterprises, art or antique shops, auditorium/concert venues, bakery goods shops, studios, restaurants and more (Buyer to verify with city). The Los Angeles River Revitalization Master Plan (LARRMP) calls for future revitalization connecting more people to future trails and parks along the river, further improving walkability and sense of community. This opportunity also sits in between neighboring Frogtown staples Spoke & Lingua Franca, and close proximity to Lewis MacAdams River Front Park (formerly Marsh Park), and Frogtown Brewery. An opportunity of a lifetime to create your riverfront vision.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25497987
List price is $4,199,000
Beds: 0
Baths: 0
None fireplaces
Built in 1928
2 stories
0.21 acres
Lot size: 0.2107
County: Los Angeles
Zoning: LACM
Parking description: Private
Heating/cooling: None
Heating description: None
MLS area: 606 - Atwater
Furnished: Unfurnished

Last Updated: 2/23/2025

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This listing belongs to the 606 - Atwater MLS area

Lat/Long: 34.105389, -118.243947.
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Listing Agent: Benjamin Kahle
Co Listing Agent: James Harm
Lic#: 01234982
Office Name: Mission Viejo

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