698 Moulton Avenue, Los Angeles, CA 90031 (MLS # OC17186233)

Price $10,900,000
Status Active
Beds 3
Baths 3 baths
Home size 4,407 sq ft
Lot Size 22,844 sqft
Days on Market 126
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.
Property Type(s): Single Family
Last Updated 9/28/2017 Year Built 1922
Community C24 - Northern County Los Angeles


School District Los Angeles Unified

Price History

Prior to Aug 12, '17 $12,500,000
Aug 12, '17 - Today $10,900,000

Additional Details

AIR Central, Electric, Gas, Heat Pump, Zoned
APPLIANCES 6 Burner Stove, Free Standing Range, Freezer, G, Garbage Disposal, Gas Oven, Gas Range
AREA C24 - Northern
BASEMENT Foundation: Concrete Perimeter
EXTERIOR Kennel, Koi Pond, Lighting
GARAGE Driveway, Driveway - Asp, Shared Driveway, Unassigned
HEAT Heat Pump, Zoned
INTERIOR 2 Staircases, Balcony, Built-Ins, Cathedral-Vaulted Ceilings, Copper Plumbing Full, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floor Plan, Pantry, Phone System, Recessed Lighting, Sunken Living Room, Track Lighting, Two Story Ceilings
LOT 0.52 acre(s)
LOTDESCRIPTION Corner Lot, Cul-De-Sac, Value In Land
PARKING Spaces: 2.00
STYLE Modern
UTILITIES Cable Available,Natural Gas Available,Underground Utilities
VIEW DESCRIPTION City Lights,Panoramic
WATER Public



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Listing provided by : Joseph Cordi CalBRE:01947528, Coldwell Banker Beachside LB

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