Land for Sale in Los Angeles, California
2311 W 2nd St Los Angeles, CA 90057
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.
Directions
South of Beverly Blvd & East of South Park View St
Property details
- County
- Los Angeles County
- Zoning
- LAR3
- Elevation
- 325 feet
- MLS Number
- CLAW 23-232101
- Date Posted
Parcels
- 5154-010-016
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Views
- City
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 3, 2024 | Price drop | $900,000 | $25,000 -2.7% | CLAW |
| Dec 6, 2023 | Price drop | $925,000 | $25,000 -2.6% | CLAW |
| Nov 1, 2023 | Price drop | $950,000 | $49,000 -4.9% | CLAW |
| May 31, 2023 | Price drop | $999,000 | $26,000 -2.5% | CLAW |
| May 6, 2023 | Price drop | $1,025,000 | $100,000 -8.9% | CLAW |
| Apr 4, 2023 | Price drop | $1,125,000 | $25,000 -2.2% | CLAW |
| Feb 6, 2023 | Price drop | $1,150,000 | $50,000 -4.2% | CLAW |
| Jan 13, 2023 | New listing | $1,200,000 | — | CLAW |