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0.77 Acres Lot
$ 1,999,999
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0.77 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26841867
HOA Y/N No
Lot Size 0.766 Acres
Acres 0.7665
Property Sub-Type Unimproved Land
Property Description
RTI development opportunity in the Echo Park/Silver Lake corridor. The offering consists of five contiguous parcels totaling approximately 33,388 SF (0.77 acres), including 2338 N Lake Shore Ave; 2344 N Lake Shore Ave; 2350 N Lake Shore Ave; and 2354 N Lake Shore Ave, with approved plans for four contemporary single-family residences totaling approximately 10,686 SF. Substantial entitlement and site work has been completed, allowing a developer to reduce execution risk and accelerate the path to construction. Positioned minutes from Silver Lake, Echo Park, and Downtown Los Angeles, the project benefits from one of the Eastside's most desirable and supply-constrained residential markets. Recent luxury home sales support projected exit values of approximately $800 - $1,000 per square foot.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View Y/N true
View Hills
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Maxwell Hutchison • Resident Group
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