2265 N. Fair Oak View Ter, Los Angeles, California
2265 N. Fair Oak View Ter, Los Angeles, California 90039 - BUYER DIDN'T PERFORM! Hilltop Development Opportunity in happening Silver Lake! Possible $1M profit! Expansive views from Downtown to the Verdugo Mountains. Shovel-ready, with easy access to build. Two vacant lots to be sold together with a SFR at 2250 W. Edendale Pl, for a total of 19,633sf of land and $1,550,000. Three bedroom/2 bath, 2342 sf house has stunning views and large decks. Creative renovation needed to bring it up to its' full potential. Both vacant lots have approved plans, one with PERMITS ISSUED AND ACTIVE, the other with PLANS READY TO ISSUE. Lot 5 home - 2507sf, 3 beds/3.5 baths; Lot 6 home - 2050sf, 3 beds/2.5 baths. The vacant lots have "walk street" addresses, with the possibility of a parking easement on the Edendale property for both new houses. There aren't many opportunities like this left in Silver Lake, just a hop skip and jump to the Silver Lake Reservoir and Meadows, Dog Park, Recreation Center. Subject to cancellation of previous escrow.
Listing Courtesy of Sotheby's International Realty
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