2221 ElsinoreLos Angeles, CA 90026

Description

Available for the first time in nearly 40 years! 2221 Elsinore is a vacant triplex featuring two 2-bed/1-bath units in the front structure and a detached studio in the rear. Situated on a flat lot, the property offers an excellent opportunity to renovate the existing units and lease at market rent while exploring additional development potential. Seller also owns adjoining 2217 Elsinore and will consider selling the properties separately or together. Combined, the two contiguous RD2-1VL parcels total approximately 14,994 SF, offering compelling multifamily redevelopment potential, including possible additional density under California State Density Bonus Law/AB 1287. Buyer to independently investigate and verify zoning, density, affordable/replacement-unit requirements, ADU potential, incentives, waivers, and all development possibilities with the City of Los Angeles.

Property Information

Property type

Residential

Sub-type

Triplex

Structure type

Triplex

Year built

1956

Stories

1

Living area

1,688 Sq Ft

Lot size

0.17 acres

Days on market

40

MLS^® Listing#

DW26212716

Property Features

Appliances

Gas Range · Refrigerator

Cooling

Wall/Window Unit(s)

Flooring

Laminate · Tile · Wood

Fireplace

None

Pool

None

Laundry

Washer Hookup · Gas Dryer Hookup

Patio

Covered

Lot features

Rectangular Lot

Construction

Stucco

Roof

Shingle

Community

Sidewalks

Utilities

Natural Gas Connected · Sewer Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5402032014

Directions

From 101 North, exit Alvarado, turn right. Left on Elsinore. Property on right side.