2311 West 2nd Street

Los Angeles, CA 90057

$900,000
Price
6,467 / 0.15
Lot Size / Acres

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.
  1. Listed by Jacob Kesherim • DRE #01928381 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 2311 West 2nd Street

Water Front
None
Zoning
LAR3
Parcel Number
5154010016
Area
Downtown L.A. (C42)
Lot Size Area
6467
Source Lot Size Area
Assessor
Assessor Parcel Number
5154-010-016
Directions
South of Beverly Blvd & East of South Park View St

Location

Listing Courtesy of Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381
Add your commute
LISTING UPDATED: 01/02/2024 02:23 PM

Property Details for 2311 West 2nd Street

StatusActive
MLS #23-232101
Days on Market484
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.15 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381
Add your commute

Building Information for 2311 West 2nd Street

Lot Size0.15 AC

Payment Calculator

$5,001 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$89

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2311 West 2nd Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City
  • View: City Lights
  • Water District: LADWP
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: None
  • Additional Parcel Number: No
  • Lot Acreage: 0.1485
  • Lot Size Square Feet: 6467
  • Lot Size Dimensions: 45x145
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Value In Land
  • Lot Description: Value In Land
  • Lot Location: Alley Access, City
  • Telephone: 1.0
  • Cable: 1.0
  • Assessments: None
  • Reports On File: None
  • Site Decription: City
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 01-12-2023
Tax and Assessed Info
Tax and Assessed Info
  • Present Loans: $.00

Property History for 2311 West 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$42,850Additions$23,530Total$66,380
Tax Record2023$1,064 ($89 / 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

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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2311 West 2nd Street is a 0.15 ac of land for sale in Los Angeles, CA 90057. This property was listed for sale on January 12, 2023 by Keller Williams Beverly Hills, it's currently listed at $900,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lake Street Primary School, Rosemont Avenue Elementary School and Sal Castro Middle School. 2311 West 2nd Street is a 0-bed, 0-bath, 0.15 ac of land on a 6,467 sq. ft. / 0.15 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.