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212 Welcome Street, Silver Lake, CA 90026

2 Bed, 1 Bath Single Family Home For Sale

212 Welcome Street, Silver Lake, CA 90026 Home For Sale - MLS #16175472
Off the Market
$599,000
2
1
Single Family
This listing is courtesy of Eli Karon from Teles Properties, Inc..

Property Description for 212 Welcome Street, Silver Lake, CA 90026

Amazing limited-time opportunity for a developer to add substantial value by taking advantage of the favorable zoning of this underutilized parcel. The R1.5 zoning provides a buyer the ability to build 3 units or more (buyer to verify), in a rapidly appreciating area mere blocks from trendy Echo Park and Downtown LA. Done properly, you can capture views of the gorgeous downtown skyline and glittering city lights. Alley access makes building/developing a breeze, and because the property is being delivered vacant, there will be fewer headaches to get started. Contact agent for access, this property is being offered for a limited time only, so act NOW!

Interior Details

1,488 sq. ft.
$402.55/sq. ft.

Exterior Details

0.11 acres
4,766 sq. ft.

Other Details

16175472
1910
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(20%)

Monthly Mortgage Payments

$2,721
$3,789

Town Description

Silver Lake is a hilly neighborhood in the city of Los Angeles, California east of Hollywood and northwest of Downtown Los Angeles. Silver Lake is inhabited by a wide variety of ethnic and...

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