2311 West 2nd Street
$900,000
6,467 / 0.15
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...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.
- Listed by Jacob Kesherim • DRE #01928381 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
Property Details for 2311 West 2nd Street
Water Front
None
ZoningLAR3
Parcel Number5154010016
AreaDowntown L.A. (C42)
Lot Size Area6467
Source Lot Size AreaAssessor
Assessor Parcel Number5154-010-016
DirectionsSouth of Beverly Blvd & East of South Park View St
LISTING UPDATED: 01/02/2024 02:23 PM
Property Details for 2311 West 2nd Street
Status | Active |
---|---|
MLS # | 23-232101 |
Days on Market | 709 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.15 AC |
County | Los Angeles County |
Building Information for 2311 West 2nd Street
Lot Size0.15 AC
Property Information for 2311 West 2nd Street
Property History for 2311 West 2nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2311 West 2nd Street
Taxable ValueLand$43,707Additions$24,000Total$67,707
Tax Record2024$1,076 ($90 / month)
Home Facts
Beds2Total Finished SqFt1,290 SqFtAbove Grade Finished SqFt1,290 SqFtStories1Lot Size6,467 SqFtStyleSingle Family ResidenceYear Built1920ZoningLAR3CountyLOS ANGELESAPN5154-010-016
Schools near 2311 West 2nd Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 1 | |||
Public - | 2 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lake Street Primary School PublicK to 1 | ||
Rosemont Avenue Elementary School Public2 to 5 | ||
Sal Castro Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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