2221 Elsinore, Los Angeles, CA 90026

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

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List Price
$1,170,000
Status
ACTIVE
MLS#
DW26212716
Year Built
1956
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,688
Lot Size
7,499
Acres
0.17
Lot Location
Rectangular Lot
Days on Market
3
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Triplex
Stories
One Level

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

Other Buildings
Guest House Detached
Appliances
Gas Range, Refrigerator
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Patio
Covered
Roof
Shingle
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Attached Structure
Attached
Number Of Units Total
3
Levels
One
School District
Los Angeles Unified

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

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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.