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2250 Fargo St, Los Angeles, CA, 90039

$1,150,000

0.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights, Hills
MLS #24470715
Lot Size0.17 Acres
StatusActive

About 2250 Fargo St

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

Property Features

Listing Office:

  • Office Name: Nourmand & Associates-HW
  • Office Phone: (323) 462-6262
  • Listing Agent: Danielle Farrell

Exterior Features

Exterior Information:

  • View: City Lights, Hills

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: North of Glendale Blvd, South of Apex

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000

Tax Information:

  • Annual Amount: $2,282
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2250 Fargo St vs Los Angeles

7 DAYS ON ROCKET

-31 Days

$1,150,000

+$128.4K More

KEY TAKEAWAY

This property is $128.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24470715

Listing Office:

  • Office Name: Nourmand & Associates-HW
  • Office Phone: (323) 462-6262
  • Listing Agent: Danielle Farrell

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 26, 2011Home Sold
$162,000
May 20, 2005Home Sold
$380,000
Sep 30, 2004Home Sold
$635,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,282$191,741
2020$2,212$189,775
2019$2,204$186,054
2018$2,153$182,406
2017$2,153$178,830

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4306858
6
/10
  • Clifford Street Math & Technology Magent

  • 2150 Duane St

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-4306859
3
/10
  • Mayberry Street Elementary School

  • 2414 Mayberry St

  • 0.66 miles

  • Public District Grades KG-6

school-card-donut-4306860
7
/10
  • Elysian Heights Elementary School

  • 1562 Baxter St

  • 0.68 miles

  • Public Magnet Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,261. The most common annual income of people living in Los Angeles, CA is $200k+. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2250 Fargo St

What is the listing price of this property?

The listing price of 2250 Fargo St property is $1,150,000.

What type of property is this?

The property 2250 Fargo St is land located in Los Angeles, California, 90039.

Is this property for sale now?

Active Listing: 2250 Fargo St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,282 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 26, 2011 for $162,000. (source: MLS/tax record).

How much acreage is this property?

The property 2250 Fargo St is 0.17 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900392250 Fargo St

This home is located at 2250 Fargo St in Los Angeles, CA and zip code 90039 in the Central LA neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $1,150,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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