2221 Elsinore, Los Angeles, CA 90026
2221 Elsinore, Los Angeles, CA 90026
2221 Elsinore, Los Angeles, CA 90026
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$1,170,000
Est. payment /mo
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5 Beds
3 Baths
1,688 SqFt
New

2221 Elsinore Los Angeles, CA 90026

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Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,688 sqft

Price per Sqft $693

MLS Listing ID DW26212716

Style Craftsman/Bungalow

Bedrooms 5

Full Baths 3

Year Built 1956

Lot Size 7,499 Sqft

Property Sub-Type All Other Attached

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

Direction From 101 North, exit Alvarado, turn right. Left on Elsinore. Property on right side.

Interior

Cooling Wall/Window

Flooring Laminate, Tile, Wood

Fireplace No

Appliance Refrigerator, Gas Range

Laundry Gas, Washer Hookup

Exterior

Utilities Available Natural Gas Connected, Sewer Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Porch Covered

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5402032014

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan


MLS Router / San Diego MLS
Listed by Jack Wang, DRE#02026518 Balboa Real Estate, Inc. 
Co-listed byNON LISTED OFFICE

NEARBY SCHOOL & BUSINESS

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Heejung Petri

Heejung Petri

Agent CA DRE# 02209755

+1(619) 517-8820

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2221 Elsinore