Property Detail

Description

RTI development opportunity in the Echo Park/Silver Lake corridor. The offering consists of five contiguous parcels totaling approximately 33,388 SF (0.77 acres), including 2338 N Lake Shore Ave; 2344 N Lake Shore Ave; 2350 N Lake Shore Ave; and 2354 N Lake Shore Ave, with approved plans for four contemporary single-family residences totaling approximately 10,686 SF. Substantial entitlement and site work has been completed, allowing a developer to reduce execution risk and accelerate the path to construction. Positioned minutes from Silver Lake, Echo Park, and Downtown Los Angeles, the project benefits from one of the Eastside's most desirable and supply-constrained residential markets. Recent luxury home sales support projected exit values of approximately $800 - $1,000 per square foot.