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$ 1,150,000
Est. payment | /mo
7,501 Sqft Lot
$ 1,150,000
Est. payment | /mo
7,501 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24470715
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
Prime Silver Lake Development Opportunity. Don't miss this rare chance to build your vision in the heart of Silver Lake! This gently sloping 7,500 sq. ft. vacant lot (approximately 50 x 150) sits perched above Glendale Blvd., just a short distance from the iconic reservoir. With a relatively flat topography but situated on a hilly street, the lot may require shoring, grading, and retaining walls to fully realize its potential. Located in one of Los Angeles' most desirable neighborhoods, this property is within close driving distance to Hollywood, Downtown, and the Glendale/Burbank area. The location offers a prime canvas to design your dream project in a vibrant and architecturally diverse community. An excellent point of reference: an identical lot at 2240 Fargo St., just below, was developed into two stunning small-lot homes. These properties sold for a combined $4,680,000 in 2022 (2240 Fargo St. for $2,330,000 and 2242 Fargo St. for $2,350,000). Photos of these homes are included, showcasing the potential of this unique opportunity. This lot is a developer's dream and won't last long. Seize the chance to create something extraordinary in the heart of Silver Lake!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD3
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Hills
Building
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 5422017011
Special Listing Condition Standard
Listed by Danielle Farrell • Nourmand & Associates-HW
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States