2350 N Lake Shore Avenue

Los Angeles, CA 90039

About this property

RTI development opportunity in the Echo Park/Silver Lake corridor. The offering consists of five contiguous parcels totaling approximately 33,388 SF (0.77 acres), including 2338 N Lake Shore Ave; 2344 N Lake Shore Ave; 2350 N Lake Shore Ave; and 2354 N Lake Shore Ave, with approved plans for four contemporary single-family residences totaling approximately 10,686 SF. Substantial entitlement and site work has been completed, allowing a developer to reduce execution risk and accelerate the path to construction. Positioned minutes from Silver Lake, Echo Park, and Downtown Los Angeles, the project benefits from one of the Eastside's most desirable and supply-constrained residential markets. Recent luxury home sales support projected exit values of approximately $800 - $1,000 per square foot.

About this property

RTI development opportunity in the Echo Park/Silver Lake corridor. The offering consists of five contiguous parcels totaling approximately 33,388 SF (0.77 acres), including 2338 N Lake Shore Ave; 2344 N Lake Shore Ave; 2350 N Lake Shore Ave; and 2354 N Lake Shore Ave, with approved plans for four contemporary single-family residences totaling approximately 10,686 SF. Substantial entitlement and site work has been completed, allowing a developer to reduce execution risk and accelerate the path to construction. Positioned minutes from Silver Lake, Echo Park, and Downtown Los Angeles, the project benefits from one of the Eastside's most desirable and supply-constrained residential markets. Recent luxury home sales support projected exit values of approximately $800 - $1,000 per square foot.

Features and Additional Information

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$1,850,000 Active
0 sqft

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Area Information

C21 Silver Lake Echo Park | Los Angeles County |

$ 1,850,000
This listing is play_arrow 76.2% higher than the average in the area
$ 1,050,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
87 days on site
This listing is play_arrow 87.9% below the average in the area
720 days on site in the area

Schools in the Area

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Listed By Maxwell Hutchison
Brokerage: Resident Group

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