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Robert Cole

rob@thecolegroup.co +1(714) 253-3777

$ 1,080,000

Est. payment | -/mo

2 Beds

1 Bath

948 SqFt

Save

$ 1,080,000

Est. payment | -/mo

Save

2 Beds

1 Bath

948 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 948 sqft

Price per Sqft $1,139

MLS Listing ID DW26158904

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1910

Lot Size 7,496 Sqft

Property Sub-Type Single Family Residence

Property Description

Available for the first time in nearly 40 years. Oversized flat lot with exceptional redevelopment potential! Rare opportunity to acquire a classic California Craftsman on an expansive lot offering tremendous upside for developers, investors, and owner-users alike. The existing 2 bedroom/1 bathroom Craftsman home features timeless architectural character, including a spacious front porch, exposed rafter tails, and original period details. Property is VACANT and ready to go. Seller also owns adjoining 2221 Elsinore and will consider selling the properties separately or together. Combined, the two contiguous RD2-1VL parcels total approximately 14,994 SF, offering compelling multifamily redevelopment potential, including possible additional density under California State Density Bonus Law/AB 1287. Buyer to independently investigate and verify zoning, density, affordable/replacement-unit requirements, ADU potential, incentives, waivers, and all development possibilities with the City of Los Angeles.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Rooms

Main Level Bedrooms 2

Interior

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Parking Features Shared Driveway, On Street

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights

Porch Front Porch

Private Pool No

Building

Lot Description Back Yard, Rectangular Lot

Dwelling Type House

Story 1

Entry Level One

Foundation Brick/Mortar, Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Craftsman

Level or Stories One

New Construction No

Construction Status Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5402032015

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jack Wang Balboa Real Estate, Inc. 626-755-5708, DRE #02026518

NEARBY SCHOOLS & PROPERTIES

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 253-3777

rob@thecolegroup.co

2217 Elsinore Los Angeles, CA 90026