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!
Property Details
Price:
$1,150,000
MLS #:
24470715
Status:
Active Under Contract
Baths:
0
Address:
2250 Fargo Street 5422017011
Type:
Land
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Dec 9, 2024
State:
CA
ZIP:
90039
Lot Size:
7,500 sqft / 0.17 acres (approx)
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- Address2250 Fargo Street 5422017011 Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90039
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2250 Fargo Street 5422017011
Los Angeles, CA
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