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2311 W 2nd St, Los Angeles, CA 90057
$900,000
2311 W 2nd St, Los Angeles, CA 90057View this property at 2311 W 2nd St, Los Angeles, CA 90057
2311 W 2nd StLos AngelesCA90057
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Property 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 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.
Full Property Details
Full Property Details for 2311 W 2nd St
General
- Price: $900,000
- Status: Active
- Type: Lots/Land
- MLS ID: 23-232101
- Updated: 1/2/2024
- Added to Site: 489 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: South of Beverly Blvd & East of South Park View St
Lot Features
- Property View: City
- Lot Size (Acres): 0.1485
- Lot Size: 6467
- Lot Size Source: Assessor
- Lot Dimensions: 45 x 145
- Lot Features: Alley Access, City
- Zoning: LAR3
- Lot Description: Value In Land
Financial Considerations
- Assessment Amount: None
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5154-010-016
Listed by Keller Williams Beverly Hills, Jacob Kesherim
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Schools
Schools serving 2311 W 2nd St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
Lake Street Primary School
135 N Lake St, Los Angeles, CA 90026 | K-1 | 0.1 mi | |
421 Rosemont Ave, Los Angeles, CA 90026 | 2-5 | 0.4 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 6-8 | 0.6 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2311 W 2nd St
Date
Details
Price
Change
Source
1/02/2024
Price Reduced
$900,000
-2.7%
MLS
12/05/2023
Price Reduced
$925,000
-2.63%
MLS
10/31/2023
Price Reduced
$950,000
-4.9%
MLS
5/30/2023
Price Reduced
$999,000
-2.54%
MLS
5/05/2023
Price Reduced
$1,025,000
-8.89%
MLS
4/03/2023
Price Reduced
$1,125,000
-2.17%
MLS
2/05/2023
Price Reduced
$1,150,000
-4.17%
MLS
1/12/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2311 W 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,064
4%
$66,380
2%
2022
$1,028
2%
$65,079
2%
2021
$1,006
—
$63,804
1%
2020
$1,010
3%
$63,151
2%
2019
$981
16%
$61,914
2%
2018
$849
2%
$60,701
2%
2017
$834
4%
$59,512
2%
2016
$800
1%
$58,346
2%
2015
$790
-2%
$57,471
2%
2014
$803
1%
$56,346
—
2013
$797
—
$56,092
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2311 W 2nd St
2311 W 2nd St, Los Angeles, CA 90057 (MLS# 23-232101) is a Lots/Land property with a lot size of 0.1485 acres. 2311 W 2nd St is currently listed for $900,000 and was received on January 12, 2023. Want to learn more about 2311 W 2nd St? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.