CA > Los Angeles
Los Angeles, CA 90057,2311 W 2nd ST
Los Angeles, CA 90057,2311 W 2nd ST
Los Angeles, CA 90057,2311 W 2nd ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$900,000
Est. payment /mo
6,468 Sqft Lot
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UPDATED:

09/30/2024 06:47 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23232101

HOA Y/N No

Lot Size 6,468 Sqft

Lot Dimensions Assessor

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 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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

Lot Description Value In Land

New Construction No

Others

Senior Community No

Tax ID 5154010016

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jacob Kesherim • Keller Williams Beverly Hills

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