9 months on rocket

2311 W 2nd St, Los Angeles, CA, 90057

$900,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,290 SqFt
$698/SqFt
House

Location

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2311 W 2nd St, Los Angeles$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1920
FireplaceNone
ViewCity Lights
MLS #24368003
Lot Size0.15 Acres
StatusActive

About 2311 W 2nd St

Priced Reduced! Motivated Seller! SB8 Clearance, Phase 1 report, and a land survey are available upon request. First time on the open market in almost 40 years! This development opportunity features 6,467 SF of land with alley access, in sought after Westlake just South of Beverly Blvd. The property will be delivered fully vacant with SB8 excluded approval. This investment presents a developer the opportunity to purchase land in the coveted Silverlake Adjacent, located steps from Echo Park. The parcel is zoned R3-1 and located in a Transit Oriented Community Tier 1, allowing a developer to build up to ~9 large units at a low price per sf of $139. Additionally, the Los Angeles Transit Oriented Density bonus can be used to build up to ~14 units. The subject property is centrally located within the heart of Westlake and Filipinotown. This parcel is a hidden gem in a gentrifying area surrounded by new developments. This site is located with close proximity to food destinations, bars, coffee shops, retail stores as well as Downtown LA, Silverlake, and K-Town. Buyer to do their own due diligence regarding possibilities for development. Property inspection subject to accepted offer. Please do not contact the owner as the property is exclusively listed.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,290 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jacob Kesherim

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: South of Beverly Blvd & East of South Park View St

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $698/SqFt

Tax Information:

  • Annual Amount: $1,006
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2311 W 2nd St vs Los Angeles

280 DAYS ON ROCKET

+242 Days

$900,000

-$121.5K Less

$698/SqFt

+$58 More

KEY TAKEAWAY

This property is $121.5K less than the Median Sold Price and $58/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24368003

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jacob Kesherim

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, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,006$63,804
2020$981$63,151
2019$849$61,914
2018$834$60,701
2017$834$59,512

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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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-4409767
4
/10

  • Rosemont Avenue Elementary

  • 421 Rosemont Ave

  • 0.39 miles

  • Public District Grades 2-5

school-card-donut-4409768
4
/10

  • Union Avenue Elementary

  • 150 S Burlington Ave

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-4409769
6
/10

  • Charles White Elementary

  • 2401 Wilshire Blvd

  • 0.59 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,692. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2311 W 2nd St

What is the listing price of this property?

The listing price of 2311 W 2nd St property is $900,000.

What type of property is this?

The property 2311 W 2nd St is a house located in Los Angeles, California, 90057.

Is this property for sale now?

Active Listing: 2311 W 2nd 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 $1,006 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2311 W 2nd St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2311 W 2nd St is 1,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2311 W 2nd St is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90057›2311 W 2nd St

This home is located at 2311 W 2nd St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 1,290 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $900,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of listings 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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