Description

Available for the first time in nearly 40 years. Oversized flat lot with exceptional redevelopment potential! Rare opportunity to acquire a classic California Craftsman on an expansive lot offering tremendous upside for developers, investors, and owner-users alike. The existing 2 bedroom/1 bathroom Craftsman home features timeless architectural character, including a spacious front porch, exposed rafter tails, and original period details. Property is VACANT and ready to go. Seller also owns adjoining 2221 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.

Property details

Bedrooms

2

Bathrooms

1

Square feet

948

Year built

1910

Property type

Residential

Lot size

7,498 sqft

Location

2217 Elsinore • Los Angeles, CA 90026

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Listed by

Jack Wang · Balboa Real Estate, Inc.

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2-Bedroom Residential - 2217 Elsinore, Los Angeles, CA