2311 W 2nd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90057
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,290 sqft
Price per Sqft $697
MLS Listing ID 24368003
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1920
Lot Size 6,468 Sqft
Lot Dimensions Assessor
Property Sub-Type Single Family Residence
Property 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Fireplaces Type None
Furnishings Furnished Or Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Private Pool No
Building
Lot Description Value In Land
Faces South
Story 1
Entry Level Multi/Split
Foundation Raised
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5154010016
Security Features Gated Community
Special Listing Condition Standard