For Sale
2311 W 2nd Street, Los Angeles, CA 90057
2311 W 2nd Street, Los Angeles, CA 90057
  • $900,000
  • $139

Overview

Property ID: HZ3734157
  • Land
  • Property Type

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.

  • Address 2311 W 2nd Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90057
  • Area C42 - Downtown L.A.
  • Country United States

Details

Updated on January 2, 2024 at 10:45 pm
  • Property ID: HZ3734157
  • Price: $900,000
  • Land Area: 6467.00 Sqft
  • Property Type: Land
  • Property Status: For Sale
  • MLS#: 23232101
  • Office Name: KELLER WILLIAMS BEVERLY HILLS
  • Agent Name: Jacob Kesherim
  • MLS Status: Active
  • Agent State License: 01928381

Additional details

  • View: City Lights
  • County: Los Angeles
  • Parking: 0.00

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