2350 Lake Shore Avenue
Los Angeles, CA, 90039 $ 2,800,000
Baths0.0 Monthly Estimate*
$ 17,468
Listed by Marcus & Millichap
Studio for $2,800,000. The lot size is 0.7665.
The LAAA Team of Marcus & Millichap is pleased to present 2350 Lake Shore Avenue, an REO sale offering a rare hillside residential development opportunity at the intersection of Echo Park and Silver Laketwo of Los Angeles' most architecturally distinct and supply-constrained neighborhoods. The property consists of five (5) contiguous hillside parcels totaling approximately 33,388 square feet (0.77 acres) with active building permits and approved plans for four custom single-family homes totaling 10,686 square feet of buildable area. With grading and foundational site work substantially advanced, the project enables a developer or end-user to proceed efficiently toward vertical constructionsignificantly reducing entitlement timelines and pre-development risk. As part of the REO disposition, the Seller is also open to offering below-market-rate financing options, providing an attractive capital structure advantage for qualified buyers.This is a ready-to-build hillside residential collection designed for modern single-family living, where each home concept emphasizes view orientation, privacy, and architectural expression. The lots are ideally suited for contemporary multi-level residences featuring expansive indoor-outdoor living, floor-to-ceiling glazing, and terraced hillside landscapes that align with the surrounding topography and design language of the Echo Park and Silver Lake hills. Existing entitlements, engineering, and architectural plan sets streamline the development process, while the parcel configuration allows flexibility for customization, redesign, or phased construction sequencing depending on builder strategy or end-user objectives.Positioned along Lake Shore Avenue, the site offers immediate access to the Eastside's most desirable lifestyle amenities, including Echo Park Lake, Sunset Junction, the Silver Lake Reservoir, Elysian Park, and a curated mix of cafs, restaurants, creative studios, and independent retail. The neighborhood is synonymous with hillside views, architectural experimentation, and strong community identity, attracting high-income residents seeking both character and proximity to the urban core. Located just 3.5 miles from Downtown Los Angeles with convenient access to the 110, 101, and 2 freeways, the property provides the rare balance of elevated hillside residential living and seamless connectivity to the region's cultural and employment centers. Below market Seller financing available for qualified buyer!
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FeaturesGeneralZoning LAR1
View Hills
County Los Angeles
New Construction 0
Property Type Land
HOA 0
Full Baths 0
Special Listing Conditions Real Estate Owned
Status Active
Directions Nearest cross street of Lake Shore Ave & Alvarado St.
City Los Angeles
Senior Community Y/N 0
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 33388
Standard Status Active
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InteriorHalf Baths 0
1/4 Baths 0
3/4 Baths 0
Total Baths 0
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ExteriorTotal Parking 0
Lot Size Area 33388
Lot Size Acres 0.7665
Lot Size Source Builder
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $17,468
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Los Angeles, CA
Average List Price $1,648,716
Percent of Sale Price 41%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/25/2025 | $2,800,000 | | Listed Price |