Address
2311 W 2nd Street, Los Angeles, CA
Price
$ 925,000
Property Attributes
- MLS#23232101
- TypeLand
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90057
- Style
- Price$ 925,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,469 SqFt
Data Source:
California Regional MLS (CRMLS)
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 $147. 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.
| Price History | |
|---|---|
| 1/13/2023 | Listed $1,200,000 |
| 2/5/2023 | 5% - $1,150,000 |
| 4/4/2023 | 3% - $1,125,000 |
| 5/5/2023 | 9% - $1,025,000 |
| 5/31/2023 | 3% - $999,000 |
| 11/1/2023 | 5% - $950,000 |
| 12/6/2023 | 3% - $925,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Attached Garage | No |
| Carport Y/N | No |
| City | Los Angeles |
| County | Los Angeles |
| Days on Market | 327 |
| Directions | South of Beverly Blvd & East of South Park View St |
| Garage Y/N | No |
| Home Warranty Y/N | No |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Lot Size Square Feet | 6467.0 |
| MLS Area | C42 - Downtown L.A. |
| Mobilehomeremainsyn | No |
| New Construction | No |
| Occupancy Description | Owner |
| Possession | CloseOfEscrow |
| Private Pool | No |
| Property Attached Y/N | No |
| Property Type | Land |
| Rent Control Y/N | No |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Street Name | 2nd |
| View | CityLights |
| View Y/N | Yes |
| Waterfront Y/N | No |
| Zoning | LAR3 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Basement (Y/N) | No |
| Electric On Property Y/N | No |
| Fireplace Y/N | No |
| Heating Y/N | No |
| Street Suffix | Street |
Exterior Features
| Crops Included Y/N | No |
|---|---|
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Dimensions | 45x145 |
| Lot Features | ValueInLand |
| Lot Size Acres | 0.1485 |
| Lot Size Area | 6467.0 |
| Lot Size Source | Assessor |
| Lot Size Units | SquareFeet |
| Lotdimensionssource | Assessor |
| Open Parking Y/N | No |
| Spa | No |
| Total Parking | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 90057
Price
Visits
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of December 8, 2023 7:02 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
