2221 Elsinore,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
Available for the first time in nearly 40 years! 2221 Elsinore is a vacant triplex featuring two 2-bed/1-bath units in the front structure and a detached studio in the rear. Situated on a flat lot, the property offers an excellent opportunity to renovate the existing units and lease at market rent while exploring additional development potential. Seller also owns adjoining 2217 Elsinore and will consider selling the properties separately or together. Combined, the two contiguous RD2-1VL parcels total approximately 14,994 SF, offering compelling multifamily redevelopment potential, including possible additional density under California State Density Bonus Law/AB 1287. Buyer to independently investigate and verify zoning, density, affordable/replacement-unit requirements, ADU potential, incentives, waivers, and all development possibilities with the City of Los Angeles.
Details
| MLS # | DW26212716 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 11 |
| Listing Provided By | Balboa Real Estate, Inc. | Jack Wang |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,688 |
| Story(s) | 1 |
| Units | 3 |
| Acreage | 0.17 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Appliances | Gas Range, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Rectangular Lot |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,170,000 low | high Med: $1,699,000 sqft: 1,688 low | high Med: 7,458 $ / sqft: $693 low | high Med: $228 On site: 11 low | high Med: 578 | |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,170,000 low | high Med: $1,699,000 sqft: 1,688 low | high Med: 7,458 $ / sqft: $693 low | high Med: $228 On site: 11 low | high Med: 578 | |