As Silver Lake & Echo Park have become saturated with development projects and high land prices, this is an exceptional opportunity to enter a nearby market w/ tremendous growth potential. Zillow's #1 pick in 2017 for increased home value forecast out of all LA neighborhoods. This highly anticipated offering is a defining milestone in the upward trajectory of North East LA's next "IT" neighborhood, Cypress Park. Tentative tract map approval to build (10) three-story Single-Family Townhomes w/ attached on-grade parking situated on a vacant corner lot w/ alley. Gross sellable square footage will be 18,760 w/ avg unit size of 1,700 Sq Ft. Three separate model types of 3BR/3.5BA & 4BR/3.5BA- all with open floor plans, side-by-side parking, and decks/balconies. Centrally located off the 210 FWY north of Dodger Stadium and within walking distance to Metro as well as the greenlit $1B restoration of the Los Angeles River from Griffith Park to DTLA by famed architect, Frank Gehry.
Listing provided courtesy of
Shawn S. Kormondy
, Keller Williams Beverly Hills
Additional Property Details
City Lights View
Views of Los Angeles define the close-knit and hilly neighborhood of Mount Washington. Rivaling San Francisco for its inclines, Mount Washington seems removed from the city even as the skyline glitters in the distance.
Real Estate: Homes for sale in Mount Washington take full advantage of sweeping views of Los Angeles and the privacy afforded by the hills and sheltering trees. The steep and winding streets are full of homes in a variety of styles from Spanish charmers and modest bungalows to mid-century moderns, many with architectural provenance, and contemporary homes.
Community Life: Mount Washington is a residential neighborhood with much of the dining and shopping taking place in nearby Highland Park and Eagle Rock. There are a few local shops and cafés. Elyria Canyon Park is located on the southwestern slopes of Mount Washington and is a 35-acre nature park with a network of trails leading to city vistas. The Carlin G. Smith Recreation Center includes an auditorium, basketball court and picnic area.
Education: Mount Washington is served by the Los Angeles Unified School District and Mount Washington Elementary. There are no private schools in this neighborhood but there are some in adjacent areas.
Transportation: This area is easily accessed by the 110, 2 and 5 Freeways. The Metro Gold Line has a station near the Southwest Museum.
Local Attractions: The Southwest Museum of the American Indian is a museum, library and archive that is part of the Autry National Center. The International Headquarters of the Self-Realization Fellowship is based in the former Mount Washington Eagle Hotel and has beautiful gardens. This area is also home to Eldred Street, one of the steepest streets in Los Angeles.
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