Build your dream home in the Elysian Hts section of Echo Park, one of the most highly sought after neighborhoods in L.A. It is already through the permit process and the foundation is already partially built. Current owner had to bail on the project due to finances. Included in the sale are approved plans for a 2250 sq ft 4 bed 3 bath home on this almost 10,000 sq ft lot. Set on a lovely eclectic, rustic street with stunning mountain views and surrounded by very pretty homes, you will be very happy to call this home. Even though you are essentially in the middle of the woods, you are only a 10 minute drive from downtown, and freeway close to all studios, the West side and Pasadena. An estimate has already been provided by a highly competent and respected Echo Park contractor for $1.3 million to complete the build. A comparative marketing analysis shows that the completed product will have a value of approximately $2.4 million. So when one completes the build they will not only have a lovely home to move into, but they will also have equity in the property right out of the gate.