Description
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!
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School Ratings & Info
Description
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!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-15T21:43:55.86. 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. Properties may or may not be listed by the office/agent presenting the information.