1917 N Main St, Downtown LA

 

1917 N Main St, Downtown LA

Incredible opportunity located directly across the street from the Brewery Arts Complex, in emerging Lincoln Heights. The immediate
area has historically been home to a variety of manufacturing and industrial uses but now, after the 32-acre LA Historic State Park
(Cornfield Park) transformation along with City zoning changes, this district is changing fast. There are numerous multifamily, creative
offices, studios, restaurants and bars popping up and under development. This site is currently home to the Seatrain Residence,
2002. Featured on the cover of Dwell Magazine in 2003 and many other publications, this modern home is a unique, sculptural
combination of shipping containers and steel found on-site, with large panels of glass and soaring ceilings. The house is approx.
2,600 sf and features: 1 bed, 1.5 baths, loft/office, media room/library and an oversized open central living space anchored by
an interior waterfall and pond. The residence is located at the rear of a 14,319 sf lot, completely obscured by a lush, one-of-a-kind
urban rainforest, with mature trees, koi pond and 85-foot-long stream, which appears like an oasis hidden behind the imposing steel
entry portal. Priced for land value, the Seatrain Residence was built without permits and has a “notice to comply” from the City and
the property is not currently zoned for a single-family home (zoning = LAUI). At this price, buyers have many options: (1) try to get
current structure(s) approved with City as a residence, (2) convert current house into a conforming, non-single family property (e.g.
corporate headquarters, office or studio space, boutique architect or ad agency space or even restaurant) or (3) build multi-family
housing, mix use, or small lot subdivision homes (per the City’s specific plan – CASP).

$1,699,000 | 14,319 SF LOT | Zoning: LAUI