2311 W 2nd Street
Los Angeles, CA 90057
1290 sqft | 2 beds | 1 bath | 0.15 acres | #24368003
Description
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 approval. 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.
Interior Details
- Bedrooms2
- Bathrooms1
- Full Baths1
Property Details
- Lot DescriptionValueInLand
- ViewCityLights
- Stories1
Measurements
- Acres0.1485
- Square Feet1290
Construction Details
- Property TypePurchase
Condition
- Year Built1920
Material information
- FoundationRaised
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$900,000
Other
- MLS #24368003
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jacob Kesherim (#CLW-C133664)
Listing Office: Keller Williams Beverly Hills (#CLW-X74054)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
