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Map
$900,000
●
House -
For Sale
2311 W 2nd St
Los Angeles, CA 90057
2 Beds
1 Bath
1290 Sqft
$4,420
Estimated Monthly
$0
HOA / Fees
About This Property
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.
The manager has listed the unit size as 1290 square feet.
The manager has listed the unit size as 1290 square feet.
Unit Size
1,290Ft²
Days on Market
46 days
Land Size
0.15 acres
Price per sqft
$698
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Last updated: 2 months ago (CLAWCA #368003)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 12, 2024 | Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | $900,000 | |
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY | |||
Jan 4, 2024 | Price Decreased |
$900,000
↓ $25K
(2.7%)
|
|
Price Decreased | |||
Dec 7, 2023 | Price Decreased |
$925,000
↓ $25K
(2.6%)
|
|
Price Decreased | |||
Nov 2, 2023 | Price Decreased |
$950,000
↓ $49K
(4.9%)
|
|
Price Decreased | |||
Jun 1, 2023 | Price Decreased |
$999,000
↓ $26K
(2.5%)
|
|
Price Decreased |
Show More
Property Highlights
With View
Building Details
New Construction
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
2
Beds
1
Bath
1,224 ft²
$629/ft²
$770,000
Feb 16, 2024
-
-
Active
Multifamily
2
Beds
2
Baths
1,514 ft²
$561/ft²
$849,000
Sep 26, 2023
-
-
Active
Multifamily
2
Beds
2.5
Baths
1,514 ft²
$561/ft²
$849,500
Sep 26, 2023
-
-
In Contract
Multifamily
4
Beds
2
Baths
1,529 ft²
$588/ft²
$899,000
Sep 8, 2023
-
-
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