Description
Excellent 3-parcel development opportunity with attractive financing in the heart of silver lake minutes from trendy silver lake/echo park restaurants and attractions! there is an assumable loan of approximately $520,000 available to a buyer with interest only payments of $2,600 per month until october 1, 2027 with the possibility of extending the term longer! consisting of 3 contiguous parcels with total approx. square footage of 16,591, the hillside parcels zoned lar2 can be used to build several multi million dollar homes or duplexes. there are preliminary plans available for the construction of 3 side-by-side duplexes or buyer can build their dream home or development consisting of several fully detached single family homes! new construction homes on similar hillside lots have recently sold for $3 to $4 million each. access to the three lots is available from moore st with access to utilities. take advantage of the beautiful unobstructed city views from the lots and build your dream development in a highly coveted location minutes from the silverlake reservoir, silverlake dog park, as well as a short drive from the area's best restaurants and coffee shops.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49366195
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3809
- Lot Size Source: Assessor
- Lot Size Square Feet: 16591
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Listing Information
Listing Price Information
- Original List Price: 700,000
- Listing Contract Date: 2025-04-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5422012019
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C21 - Silver Lake - Echo Park
- Postal Code Plus 4: 3616
- Directions: Moore St & Fair Oak View Terrace
- Zoning: LAR2
- Source Property Type: Land
- Area: C21 - Silver Lake - Echo Park
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/21/2025 @ 11:20
- MLS: SR25081555
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 16,591 sized lot, and 0 parking. are nearby neighborhoods.