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Listed by Jack Wang • Unknown Office
$1,170,000
Est. payment /mo
5 Beds
3 Baths
1,688 SqFt
Active
2221 Elsinore Los Angeles, CA 90026
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $693
MLS Listing ID DW-26212716
Style Bungalow
Bedrooms 5
Full Baths 3
Year Built 1956
Lot Size 7,499 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Wood
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Lot 6500-9999, Rectangular Lot
Sewer Public Sewer
Nearby Locations
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