#24456443, Adam Armienta, Listing Office: Douglas Elliman
$10,000
closing credit¹
2311 W 2nd St Los Angeles, CA 90057
Property details
About 2311 W 2nd St
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 approval. 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.
Highlights
Summary
- MLS Number: 24368003
- MLS Name: CRMLS
- Office Name: Keller Williams Beverly Hills
- Office Phone: (310) 432-6400
- Listing Agent: Jacob Kesherim
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/1/2025, 10:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$900,000
2311 W 2nd St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $67,707 | $1,076 |
2023 | $66,380 | $1,063 |
2022 | $65,079 | $1,027 |
2021 | $63,804 | $1,005 |
2020 | $63,151 | $981 |
2019 | $61,914 | $849 |
2018 | $60,701 | $833 |
2017 | $59,512 | $833 |
History based on county public records data.
Nearby schools
4
Rosemont Avenue Elementary
Public District 2-5
0.4 mi
•421 Rosemont Ave
4
Union Avenue Elementary
Public District PK-5
0.4 mi
•150 S Burlington Ave
6
Charles White Elementary
Public District 1-5
0.6 mi
•2401 Wilshire Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,692. The most common annual income of people living in Los Angeles, CA is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2311 W 2nd St
This home is located at 2311 W 2nd St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 1,290 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $900,000.
While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.