2311 W 2nd St Los Angeles CA MLS #23-232101

There are multiple listings for this address:
2311 W 2nd St
Los Angeles, CA,
$900,000
Beds
0 Baths
SqFt
0.15 Acres
Add
Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded and no relocation of tenants necessary. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.

Property Details

Price:
$900,000
MLS #:
23-232101
Status:
Active
Baths:
0
Address:
2311 W 2nd St
Type:
Land
Subtype:
Single Family Residence
Neighborhood:
downtownla
City:
Los Angeles
Listed Date:
Jan 12, 2023
State:
CA
Lot Size:
6,467 sqft / 0.15 acres (approx)
Year Built:
1920
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Value In Land
Lot Location
Alley Access, City

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2311 W 2nd St
Los Angeles, CA
2311 W 2nd St
Los Angeles, CA,
$900,000
2 Beds
1 Baths
1,290 SqFt
0.15 Acres
Add
Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded and no relocation of tenants necessary. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.

Property Details

Price:
$900,000
MLS #:
24-368003
Status:
Active
Beds:
2
Baths:
1
Address:
2311 W 2nd St
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
downtownla
City:
Los Angeles
Listed Date:
Mar 12, 2024
State:
CA
Finished Sq Ft:
1,290
Lot Size:
6,467 sqft / 0.15 acres (approx)
Year Built:
1920
Ask a Question

Schools

Interior

Exterior

Lot Description
Value In Land
Lot Location
Alley Access, City

Financial

See this Listing

Send
  

Mortgage Calculator

 

Map

Community

Similar Listings Nearby

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