Incredible opportunity located across the street from the Brewery Arts Complex, in emerging Lincoln Heights. The immediate area has historically been home to manufacturing & industrial uses but now, after the 32-acre LA Historic State Park transformation along w/zoning changes, its changing fast. This site is home to the Seatrain Residence, 2002. Featured on the cover of Dwell Magazine in 2003, this modern home is a sculptural combination of shipping containers, steel & glass. The house is approx. 2,600 sf: 1 bd, 1.5 ba, loft/office, media rm & lrg open central living space anchored by interior waterfall & pond. The residence is located at the rear of a 14,319 sf lot, completely obscured by a lush, urban rain-forest w/mature trees, pond & 85 ft stream. Priced for land value, as the Seatrain Residence was built without permits and has a "notice to comply" from the City and the site is not currently zoned for a single-family home (zoning = LAUI). At this price, buyers have many options: (1) try to get current structures approved w/City as a residence, (2) convert current house into a conforming, non-single family property (e.g. corporate headquarters, office/studio space, boutique architect or ad agency or even restaurant), (3) build multi-family housing.
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