3309 Ellsworth ST

LOS ANGELES, CA, 90026

$2,599,000

$2,599,000
Active
Active
 - For Sale
beds
12 Beds
baths
8 Baths
property_type
Multi-family
calendar
Built 1929
Six units on huge 9,920 sf lot. LOCATION, LOCATION, LOCATION! Extraordinary opportunity for development or investment! This Silver Lake neighborhood has begun an early, entry-level phase of gentrification (last month Target & CVS opened several blocks away), providing real estate-savvy investors with a potential excellent short-term or long-term upside investment opportunity. Prime corner lot location in a quiet residential Silver Lake neighborhood with relaxed traffic flow and uncongested streets, creating a comfortable an desirable living environment. Property is on the NW corner of Ellsworth St. & Robinson St. Six units in two buildings 6,928 sf. One building has (2) three bedroom, two bath units. Second building has (2) two bedroom, one bath units and (2) one bedroom, one bath units. **INVESTORS** This six-unit income property has well below market rents, presenting significant upside rent potential. **DEVELOPERS** Potential Small Lot Development, similar to recent, nearby developments on Hyperion Ave. and Lucile Ave. Check with city as to the viability and possibility of Small Lot Development. As a possible development opportunity, buyer must verify ability to build to their own satisfaction. Buyer can purchase this property now for income/investment, develop the property themselves in the future or sell to a developer in the future. This property is also listed as MLS Land MLS SB22232599
MLS® ID:
SB22217495MR
Listed:
10/5/22
Updated:
12/1/22

Interior Features

Total Bedrooms
12
Total Bathrooms
8
Laundry Description
None

Exterior/Building Features

Lot Size
9,920 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
Yes
Garage Spaces
10
Parking
Y
Parking Total
10.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
LARD2

Courtesy of Kasumi Realty, Inc., Kikuo Takahashi,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/1/22

Contact