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  • 419 N Lake Street

419 N Lake Street, Los Angeles, CA 90026

$3,575,000 Approx. USD 0 beds, 0 baths
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Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Text Me
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Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
Phone: 858-756-3795
Fax: 858-756-9591
 Rancho Santa Fe - Fairbanks Ranch 16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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Fax: 858-756-9591
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Listing Agent


Adam Peterson | adam.peterson@cbre.com
Lic#: 01815802
Broker: Courtesy of CB Richard Ellis, Inc.
Phone: 310-550-2592

Agent Remarks

The offering consists of an entitled 95-unit ED1 project of income-restricted housing on a 12,011 (.276ac) double-lot. The seller will deliver the project RTI (ready to issue) permits upon the close of escrow. Zoned LAR3-1VL, the project was granted six incentives/waivers including no maximum density. increased FAR, and decreased setbacks/open space as a result of the project's ED1 status. The project contemplates no subterranean parking, is 6 stories in height and offers a unit mix of studios and 1-bedrooms. Twenty at-grade parking spaces will be available to tenants along with 74 bicycle spaces and a roof deck lounge. Echo Park has witnessed significant multifamily development in recent years, driven by its increasing desirability and proximity to employment centers. The multifamily vacancy rate remained relatively low at around 5.4% in late 2024, pointing to consistent demand for rental units in this attractive and well-located neighborhood near major employment centers. Silver Lake is a key neighboring market to Echo Park, sharing a similar trajectory of artistic history, resulting in a strong and competitive multifamily market with high rental demand and increasing property values. Silver Lake is consistently one of the most desirable neighborhoods in Los Angeles, leading to very high demand for rental housing and correspondingly high rental rates. As of February 2025, average rents for apartments in Silver Lake were generally comparable to those in Echo Park, often exceeding $3,000 for a one-bedroom unit.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 26650287
Price: $3,575,000
Beds: 0
Baths: 0
0.28 acres
Lot size: 0.2757
County: Los Angeles
Zoning: LAR3
MLS area: C21 - Silver Lake - Echo Park

Last Updated: 6/11/2026

 Days On Market (DOM): 155

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This listing belongs to the C21 - Silver Lake - Echo Park MLS area

Lat/Long: 34.071361, -118.269248.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Robyn Raskind

Robyn Raskind Properties REALTOR® - Sales Associate 858-229-9131 m
858-759-5718 o
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00683543
NRDS ID: 182001666
robynraskind@gmail.com
Rancho Santa Fe - Fairbanks Ranch Office
16236 San Dieguito Rd, Bldg 5, Ste 10
Rancho Santa Fe, CA 92067
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