698 Moulton Avenue,  Los Angeles CA, 90031 (Residential)

3 beds , 3 Full baths
4,407 sqft
Status: Active
MLS#: OC17186233
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Last Updated: 10/20/2017 8:32 PM
Description for 698 Moulton Avenue Los Angeles, CA 90031
THIS IS AN AMAZING OPPORTUNITY FOR A 1/2 ACRE WORK/LIVE COMPOUND! This 1922 industrial structure, built for the Edison Electric Company, as a power plant maintenance substation in the Art-Deco Style, was the main inspiration and key element in the residence you see today. This A.I.A. award winning contemporary home, is a unique artist-in-residence studio and living space with a ground floor gallery, second floor entertainment space, a mezzanine with a reflecting lap pool and penthouse bedroom suite with stunning views of downtown Los Angeles. Each floor has decks that connect the lush gardens and interiors with unique views of urban Los Angeles. Along with the subject property, this offering includes plans for a future potential for an 8 story infill development of 12 to 54 units ranging from 800 to 2,400 square feet per unit of industrial artist-in-residence spaces. The plan also includes green construction with self-sustaining ECO infrastructure to maximize the ½ acre’s parcel potential as a self contained creative compound. With entitlements and an active permit, this home or project is ready for development right next to the future L.A. River Project.
Price
$10,900,000
Los Angeles
3
3 Full
4,407 (approx)
OC17186233
Active
Description
THIS IS AN AMAZING OPPORTUNITY FOR A 1/2 ACRE WORK/LIVE COMPOUND! This 1922 industrial structure, built for the Edison Electric Company, as a power plant maintenance substation in the Art-Deco Style, was the main inspiration and key element in the residence you see today. This A.I.A. award winning contemporary home, is a unique artist-in-residence studio and living space with a ground floor gallery, second floor entertainment space, a mezzanine with a reflecting lap pool and penthouse bedroom suite with stunning views of downtown Los Angeles. Each floor has decks that connect the lush gardens and interiors with unique views of urban Los Angeles. Along with the subject property, this offering includes plans for a future potential for an 8 story infill development of 12 to 54 units ranging from 800 to 2,400 square feet per unit of industrial artist-in-residence spaces. The plan also includes green construction with self-sustaining ECO infrastructure to maximize the ½ acre’s parcel potential as a self contained creative compound. With entitlements and an active permit, this home or project is ready for development right next to the future L.A. River Project.
Listing Information
Property Type: Other, 3+ Story
3 3 Full
0.52 Acres 22,845 sq.ft. 4,407 (approx)
$2,473.34 1922
Yes- 2 spaces
Concrete Perimeter
Gas Water Heater, Common Hot Water Heater, Tankles
Telephone, Underground
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Bathrooms
3
Family Room, Living Room, Foyer, Loft, Utility Room
Master Suite
Interior Features
Six Burner Range, Range/Oven Free Standing, Freezer, Garbage Disposal, Gas Range/Cooktop, Ice Maker, Range Hood, Refrigerator, Dryer, Stacked Washer/Dryer
Central Air, Electric, Gas, Heat Pump, A/C - Zone
Heat Pump, Zone
Full Copper Plumbing
Insulated Window, Skylights
Living Room, Gas Burning
Alarm,
Breakfast Bar, Cathedral/vaulted Ceiling, Granite Counter Top, Open Floor Plan, Pantry, Recessed Lights, Track Lighting
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Handicap Parking, Unassigned, Driveway, Shared Driveway, Direct Garage Access, Off Street
Balcony, Concrete, Deck, Wood Decking
Metal
Pool
Private
City, Panoramic
LAM3
Gutters, Sidewalks, Street Lights, Kennel, Exterior Lighting, Curbs Walk, Storm drains, Pond
Driving Directions
5 Freeway exit Main Street.
Financial Considerations
5410016007
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90031 has a population of 3,971,883.

The median household income in Los Angeles, California 90031 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90031 is 34.6 years.

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Courtesy: Joseph Cordi - Coldwell Banker Beachside LB Joseph Cordi
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