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.
| MLS # | DW26158904 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 97 |
| Listing Provided By | Balboa Real Estate, Inc. | Jack Wang |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 948 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.17 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Fireplace Yes / No | Yes |
| Foundation Details | Brick Mortar, Raised |
|---|---|
| Lot Features | Back Yard, Rectangular Lot |
| Parking Features | Shared Driveway, On Street |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,080,000 low | high Med: $1,050,000 sqft: 948 low | high Med: 1,728 $ / sqft: $1,139 low | high Med: $608 On site: 97 low | high Med: 45 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,080,000 low | high Med: $1,050,000 sqft: 948 low | high Med: 1,728 $ / sqft: $1,139 low | high Med: $608 On site: 97 low | high Med: 45 | |