
163 N. Edgeware Road
Multifamily | 20 Units
Marketing description
163 N Edgeware Road presents a fully entitled multifamily development opportunity in the Echo Park / City West submarket, just minutes from Downtown Los Angeles. The property is offered with approved plans and appx. 80% of permits paid for a 18-unit plus 2 ADU residential project, allowing a developer to immediately proceed to construction. Fully entitled and permit-paid for 20-unit development.
The subject property consists of 5 vacant units. Highly walkable neighborhood offering immediate access to DTLA, Echo Park, and major transportation corridors. The offering includes approved architectural plans and permits for a 20-unit multifamily development, consisting of 18 apartments and 2 accessory dwelling units plus potential to add 2 additional ADU's. The project comes with 80% of the permits paid and has been designed to optimize density and efficiency.
Echo Park / City West is one of Los Angeles' most dynamic and evolving submarkets, characterized by strong rental demand, proximity to major employment hubs, and a vibrant mix of retail, dining, and cultural amenities. The property benefits from immediate access to Downtown Los Angeles, major freeways, and public transportation, supporting long-term tenant demand and rent growth.
Investment highlights
- Fully entitled and permit-paid for 20-unit development
- High-density TOC project with reduced parking requirements
- Efficient ±8,710 SF design maximizing rent per SF
- Only 4 required parking spaces with a potential to add 2 additional ADUs (1-1 bed & 1-2 bed) providing additional income upside and a 22 unit project
- Eliminates entitlement risk and shortens development timeline. Seller has paid approx. $350,000 to $400,000 in permits, architecture, engineering, expediter, relocation fees
- Prime Echo Park / City West location near Downtown LA, located in a supply-constrained, high-demand rental submarket
Listing Contacts

Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?









