$464,000
$459,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5,601 Sqft Lot
SOLD DATE : 05/27/2022
Key Details
Sold Price $464,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-8991
Sold Date 05/27/22
HOA Y/N No
Lot Size 5,601 Sqft
Property Description
Are you frustrated with Seller Multiple Counter Offers? 35 bids all over list price on a home you still have to remodel? Well here's the opportunity you've been waiting for. A great lot, on an amazing street in Silver Lake. The owners have put in countless hours and a lot of money into designing a gorgeous 4 bedroom 4 bathroom home complete with a 2 car garage, elevator, pool and views, views, views.Yes, you'll need to do construction and it won't be over night but most of the work has been completed. Final permitting is next and for the right price, the architect can stay on consult/make edits. All in for the land purchase and construction will be significantly cheaper than purchasing an existing home in Silver Lake / NELA.Owner/Architect/Structual and Civil Engineers designed an extremely efficient building! Stacked floors means each ceiling is also building the floor above and not spending money on a roof. Building shape is simple with large openings and zero moment frames. (If you know construction in SoCal this is good) Great trees, great expansive, views of Elysian park, forest lawn and Mount Baldy! Walk the old red car line one street away or down to Whole Foods. New construction! With new siding, great continuous insulation, windows, heating and A/C systems etc. Electrical system for solar and electric car charging. Won't need major maintenance for 50 years! Half underground (for the utility parts like laundry, storage, garage and mechanical) means low heating and cooling.First floor studio sized bedroom could be used as large home office or rented. Concrete floors mean no sound transmitted ever. With a little more work to the plans, this could be an entirely separate unit or even build separate ADU in the backyard! This lot is zoned R2 so another entire full sized building is also possible!Take the next steps to custom home ownership.
Location
State CA
County Los Angeles
Zoning R2
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs, Sidewalks
View Y/N Yes
View City Lights, Hills, Neighborhood
Building
Lot Description Sprinklers None
Water Public
Others
Senior Community No
Tax ID 5440023019
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Gustavo Rojas Townsquare Real Estate Partners Inc.
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