2221 Elsinore, Los Angeles, CA 90026

$1,170,000
5
BD
3
BA
1,688
SqFt

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Listing courtesy of Listing Agent: Jack Wang (jackwangrealestate@gmail.com) from Listing Office: Balboa Real Estate, Inc..

List Price
$1,170,000
Status
ACTIVE
Days on Market
5
MLS#
DW26212716
Subtype
Residential
Style
Bungalow
Year Built
1956
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
1,688
Lot Size
7,499
Acres
0.17
MLS Area Major
Silver Lake - Echo Park (C21)

Property 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.

Additional Information

Property Description
Bungalow
Flooring
Laminate, Tile, Wood
Appliances
Gas Range, Refrigerator
Air Conditioning
Yes
Exterior Construction
Stucco
Stories
One Level
Levels
One
Roof
Shingle
Pool Type
None
School District
Los Angeles Unified
View
None

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.