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  • 241 -245 N Union Avenue

241 -245 N Union Avenue, Los Angeles, CA 90026

$4,495,000 Approx. USD 0 beds, 0 baths

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Photo of Celeste Anson

Celeste Anson REALTOR® - Sales Associate 818-415-7143 m
818-449-0848 o
Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com Text Me
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Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100
 Calabasas 23925 Park Sorrento
Calabasas, CA 91302
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Fax: 818-876-3100
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Listing Agent


Angelica Gotzev | angelica.gotzev@kidder.com
Lic#: 02053007
Broker: Courtesy of Kidder Mathews of California, Inc.
Phone: 310-312-1800

Co Listing Agent


Janet Neman | jneman@kiddermathews.com
Lic#: 01069127
Broker: Courtesy of Kidder Mathews of California, Inc.
Phone: 858-509-1200

Agent Remarks

Prime development opportunity consisting of two contiguous parcels located at 241 and 245 N. Union Avenue (APNs 5159-009-014 and 5159-009-013), totaling approximately 28,700 SF. Offered at $4,495,000, the vacant, fully demolished site is located in Historic Filipinotown, just south of Echo Park Lake.The RD1.5-1, Tier 2 property features valuable street-to-alley frontage and is currently fully entitled for an 18-home small-lot subdivision. The approved plans include approximately 31,243 SF of livable area and 42,568 gross SF, with contemporary three- and four-bedroom townhomes ranging from approximately 1,607 to 1,920 SF. Each residence is designed with private garage parking and a rooftop deck, with additional guest parking provided.The site has been completely cleared, eliminating demolition and tenant-relocation risk, and substantial entitlement, planning and design work has already been completed. Permit fees must be paid before September 1, 2026, to maintain the current approvals. The purchaser will also be responsible for posting the required bond for public right-of-way improvements.Conveniently located near Echo Park, Silver Lake, Downtown Los Angeles, Westlake and Koreatown, with easy access to the 101 Freeway. Available as an outright sale or potential joint venture opportunity.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 26857979
Price: $4,495,000
Beds: 0
Baths: 0
0.66 acres
Lot size: 0.6589
County: Los Angeles
Zoning: LARD1.5
MLS area: C21 - Silver Lake - Echo Park

Last Updated: 7/9/2026

 Days On Market (DOM): 7

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

Lat/Long: 34.066828, -118.264953.
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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 Celeste Anson

Celeste Anson REALTOR® - Sales Associate 818-415-7143 m
818-449-0848 o
Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 02029688
NRDS ID: 207064850
celesteanson@bhhscal.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
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