Silver Lake CA Real Estate & Land for Sale

Outstanding 54-Unit 100% Affordable Housing Development Opportunity, RTI at COE in a highly desirable Silver Lake location near Sunset Junction. This prime project is located on a 7,688 SF lot and is designed as a five-story Type IIIB building under AB 1763 incentives, allowing unlimited density for affordable housing. With a total proposed floor area of 25,750 SF, the development includes 28 studio apartments and 26 one-bedroom units, all designated for affordable housing. The unit breakdown consists of 2 very low-income units, 40 low-income units, 11 moderate-income units, and 1 market-rate manager's unit. The design eliminates the need for parking, further reducing construction costs and ensuring long-term affordability. The residential units range from 280-460 SF, designed to maximize affordability while optimizing rental income per square foot. Located in the heart of Silver Lake, just minutes from Sunset Junction, this property offers an unmatched urban lifestyle with trendy cafes, boutique shops, and top-tier dining within walking distance. Its prime Transit-Priority Zone location ensures seamless connectivity, with multiple bus lines and metro access nearby. Additionally, the area boasts an exceptional Walk Score of 95, allowing residents to fully embrace a car-free lifestyle. With all entitlements and approvals secured, the project will be delivered in Ready-to-Issue status and will be delivered vacant at the close of escrow, providing an immediate and seamless path to development.

Charming Commercial Opportunity near Vibrant Melrose AvenueLocated just one block from the bustling Melrose Avenue, this property boasts unparalleled access to trendy shops, eclectic restaurants, and artistic venues, making it an ideal investment for entrepreneurs and visionaries. The area thrives with energy, attracting both locals and visitors eager to explore the vibrant culture of Silver Lake and the border of East Hollywood.Welcome to 598 N Hoover St, a prime commercial property situated in one of Los Angeles County's most exciting and progressive neighborhoods. This unique parcel consists of two APNs: 5401-001-004, offering an impressive 3,949 square feet of versatile space, and 5401-001-021, an additional 108 square feet of commercial lot, perfect for expansion or creative development.Seize this rare opportunity to own a piece of Los Angeles real estate in a location poised for growth. The possibilities are limitless for whatever you envision. Embrace the future of this up-and-coming areayour next big idea starts here! The permitted structure on the property offers 1,320 square feet of space, presenting a significant opportunity. While the existing building is primarily a teardown, the true value lies in the land and the secured permits, paving the way for your vision to come to life. This is your chance to create something exceptional in a thriving area!Dont miss out on the chance to be part of the transformation happening in this lively community. Contact us today for more details or to schedule a viewing!

1165 N Berendo St is an incredible opportunity to build a new construction multi-unit development in East Hollywood, walking distance to Silver Lake's Sunset Junction! 1165 N Berendo St is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE, FLAT, LARD1.5-1XL-zoned lot: an increasingly rare find in the LA landscape. With limited SB-8 exempt properties available, this is a prime chance to build without tenant relocation delays or replacement unit requirementssaving both time and money.Situated just off Vermont and Sunset, this location offers unbeatable walkability to some of the citys most popular spots. Future tenants will love being steps from gourmet coffee at Go Get Em Tiger, brunch at Square One, and casual eats at HomeState and Maru Coffee. A short walk takes you to LA City College (a magnet for student renters), the Vermont/Sunset Metro Station for easy access to Downtown or Universal City (a draw for professional renters), and the bustling Kaiser Permanente medical campus. (ideal for medical staff who want to stay nearby and travel nurses). Barnsdall Art Park, Erewhon, and Sunset Junction are also less than a mile away, making this location as trendy as they come! With such strong demand for housing in this pocket of the city, new construction here is sure to command premium rents.The LARD1.5 zoning allows for 4 residential units (+ potential for ADU's), and with Executive Directive 1 (ED-1) incentives, theres potential to maximize density and build more units than a traditional project. As the city continues pushing for more housing, ED-1 developments in prime areas like this could see significant long-term value growth.New construction in this neighborhood sells at a premium, and rental demand remains strong due to the area's transit accessibility, job centers, and vibrant local scene. Developers can capitalize on East Hollywoods ongoing transformation and the constant need for high-quality housing. With the right design, this project could yield an exceptional returnwhether you choose to build and sell or hold long-term for cash flow. Opportunities like this are becoming increasingly scarcedont miss your chance to develop in one of LAs fastest-growing neighborhoods!

We are pleased to exclusively present for sale a Development Project consisting of 30 Units + 3 potential future ADUs, in the East Hollywood neighborhood of Los Angeles. The property is within an Opportunity Zone. Situated on N. Heliotrope Blvd., and just a short walk north of Santa Monica Blvd., this 6,750 SF [Q] C2-2D Tier 4 lot has 50 feet of frontage. The SFR on site will be delivered vacant. Only 4 Units dedicated to Extremely Low Income; all other units are market rate units. The design consists of nine Studio Units, eighteen 1+1 Units, two 2+1 Units and one 3+1 Unit, totaling 12,616 rentable square feet plus possible ADUs. Only four units will be dedicated for extremely low-income residents, while the rest will be market rate. The potential ADUs would be built in the Recreation Room, which can probably be converted to two Studio ADUs, with the possibility to also convert the Bicycle Storage Room, which could accommodate one 1+1 ADU - further increasing the Rentable Square Footage. This project takes advantage of the TOC Tier 4 base incentive by provided zero parking spaces. The property is a short 5 min walk to the Vermont / Santa Monica Metro Subway Station and the Los Angeles City College. This site is tucked into East Hollywood, between Hollywood, Silver Lake, Los Feliz and Koreatown - all areas in Los Angeles that are going through or have already gone through tremendous redevelopment, all with a great nightlife scene and amenities that future residents may desire. Walk Score calls this area a Walker's Paradise! With a convenient and central location, quick access to the 101 freeway and about 3 blocks away from the Metro Station, this property should be an easy commute to anywhere in the Greater Los Angeles. Project in the process of getting to "RTI" status selling the project "as-is".

Prime Silver Lake Lot with Modern Home Design & Permits- Ready to Build (RTI)! Located in the heart of Silver Lake, this 7,101 sq. ft. lot offers a rare opportunity to build a stunning 3,200+ sq. ft. modern home. All necessary permits are already in place, saving you time and effort, and utilities have been brought to the lot, making it a ready-to-build project. The home design features sleek, contemporary 3-story, 4BR/3.5BA architectural home over 2-car garage with clean lines and expansive floor-to-ceiling windows that flood the interior with natural light. The exterior showcases a sophisticated blend of natural stone and modern wood paneling, creating a balance of warmth and minimalism. The multi-level layout includes two spacious en-suites with soaking tub & walk-in closets, and spacious rooftop deck with spa & fireplace offering breathtaking views of the hills and city. Inside, the open-concept living spaces boast high ceilings and seamless flow, perfect for modern living. Luxurious finishes, including polished concrete floors and designer fixtures, enhance the home's elegant yet understated aesthetic. Set in one of LA's most vibrant neighborhoods, known for its trendy cafes, boutique shopping, and artistic community, this property offers both architectural brilliance and location. Whether you're looking to build a forever home or invest in Silver Lake's thriving real estate market, this lot and modern home design provide an unparalleled opportunity.

We are proud to present an exceptional development opportunity at 1154 N. Heliotrope Drive, located in the heart of East Hollywood. This expansive 6,750 SF LARD1.5-zoned lot allows for the construction of four units by right, with additional potential for multiple ADUs (Buyer to Verify). Currently, the property features an owner-occupied Single-Family Residence that will be delivered 100% vacant, offering a clean slate for investors or developers (homeowners exemption taken over the last 5 years). Additionally, the site qualifies under Executive Directive 1 (ED1), unlocking the opportunity to build to maximum density with expedited entitlement processing a major advantage for developers seeking to move quickly and efficiently.Perfectly situated near Los Feliz, Silver Lake, and Hollywood, this centrally located site provides convenient access to a wide range of dining, retail, and employment hubs, as well as proximity to major institutions like Kaiser Permanente, Los Angeles City College, and the Metro B Line.With strong rental demand, and a central location, 1154 N. Heliotrope Drive presents a rare opportunity to secure a site in one of LA's most active and high-demand neighborhoods.(*Buyer to verify all zoning information)(Property is Located in SNAP - Vermont/Western Specific Plan)

Sale Price includes 339 & 341 N Virgil Ave. APNs: 5501-002-018 & -019. Must be purchased together. Bank REO Vacant Ideal for Owner UserTwo Single Family Residencies - CombinedRedevelopment potential - [T][Q]MR1-1VL Designated Qualified Opportunity Zone Vermont/Western Transit Oriented District Specific Plan - Subarea D Industrial/ Commercial Convenient Freeway Access (101- Hollywood)+605,324 Residents living within a 3-mile radius

We are pleased to present an exceptional investment and land banking opportunity at 4318 Melrose Avenue and 658 Heliotrope Drive, offered at $8,900,000, $7,400,000 for the Melrose store-front retail center and $1,500,000 for the Heliotrope parcel. Situated on a combined 27,526 SF lot with LAC2 and LAR3 zoning, the property allows for a future development of up to 241 residential units (the Melrose parcel can accommodate building 150 units using CHIP TOIA T2 and the Heliotrope parcel can accommodate the development of 91 units using ED-1 and 55 units using AB 2335), that's less that $37,000 per buildable door for prime East Hollywood. The existing improvements include a 13,540 SF multi-tenant retail and office building with seven units, two currently vacant, offering strong income potential and immediately expiring leases that allow for favorable renegotiation. The Heliotrope parcel serves as dedicated tenant parking with 38 total spaces. Strategically positioned at a high-visibility corner, the property is just two blocks from the 101 Freeway and between two Metro Red Line stations, ensuring excellent accessibility. Surrounded by the vibrant Virgil Village dining scene, Erewhon Silver Lake, and cultural hotspots, this offering presents an unparalleled opportunity for investors seeking strong cash flow, value-add potential, and long-term redevelopment in one of Los Angeles' most dynamic neighborhoods.

Excellent 3-parcel development opportunity with attractive financing in the heart of Silver Lake minutes from trendy Silver Lake/Echo Park restaurants and attractions! There is an assumable loan of approximately $520,000 available to a buyer with interest only payments of $2,600 per month until October 1, 2027 with the possibility of extending the term longer! Consisting of 3 contiguous parcels with total approx. square footage of 16,591, the hillside parcels zoned LAR2 can be used to build several multi million dollar homes or duplexes. There are preliminary plans available for the construction of 3 side-by-side duplexes or buyer can build their dream home or development consisting of several fully detached single familyhomes! New construction homes on similar hillside lots have recently sold for $3 to $4 million each. Access to the three lots is available from Moore St with access to utilities. Take advantage of the beautiful unobstructed city views from the lots and build your dream development in a highly coveted location minutes from the Silverlake Reservoir, Silverlake Dog Park, as well as a short drive from the area's best restaurants and coffee shops.

We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood Boasting a lot size of +/- 6,000sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! Build more ADUs to generate additional rental income. Given the property's location with rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!

Nestled atop the scenic Loma Vista stairs, this 2,674 square foot parcel offers breathtaking views and a prime location in the heart of Silver Lake. The property comes complete with architectural plans for a two-story single-family residence, featuring a basement for added space and convenience. Additionally, a detailed soils report and topography map are included, providing you with all the necessary groundwork to move forward with your dream home. Don't miss the opportunity to build in one of LA's most desirable neighborhoods!

An incredible development opportunity with views in prime Silver Lake located just a stone's throw away from the Reservoir and Sunset Junction. Plans showcase a sleek contemporary residence with a plunge pool spanning 4,217 total sq. ft., including a 3,673 sq. ft. main house with 3 beds / 3.5 baths, and a 544 sq. ft. ADU with 1 bed / 1 bath. 2-car garage. Perfect for a developer looking for their next project that pencils out on investment, or an end-user to build their sophisticated dream home. Architectural and civil drawings have been completed, with the grading report approved by the City. A rare offering in one of Los Angeles' most vibrant neighborhoods with easy access to some of the city's best shopping, dining, entertainment, and nature, along with a short commute to Downtown and Hollywood.

This lot is at the end of a 3 lot quiet cul-de-sac Bank Owned REO and lender is willing to give buyers terms or accept all cash. Little to No Money Down If Qualified. Great for everyone!!! REO Lender owned lot at the end of a private Cul-De-Sac with only 2 other homes. For either sale or either trade or a combination of both!!!! Seller Carry Back if qualified. REO Lender Owned will finance lots to qualified buyers or traders. Area of expensive hillside homes

Amazing opportunity to own one of the last vacant lots in Silverlake / Echo Park. With incredible views of the Hollywood sign and Griffith Observatory to the north and a view of the Downtown skyline from the back of the property, there is great potential to build in this highly sought-out area. Centrally located, near the 101 FWY, just a few miles from Downtown LA, Beverly Hills, Century City, and Universal Studios. Property sold as-is. Buyer to do their own investigations.

An exceptional affordable housing development opportunity awaits in the heart of Hollywood at 816 N Normandie Ave. This fully entitled and RTI (Ready to Issue) project offers a 40-unit residential development on a prime 8,512 SF lot at the coveted intersection of Normandie & Melrose. Designed under AB 2334 incentives, the six-story Type IA/IIIA building benefits from unlimited density for 100% affordable housing, making it an unparalleled investment opportunity. The project spans 23,520 SF and includes a diverse unit mix of 6 studios, 18 one-bedrooms, 15 two-bedrooms, and 1 three-bedroom unit. Of these, 1 unit is designated for very low income, 31 for low income, 7 for moderate income, and 1 as a market-rate unit. Each unit is designed for maximum affordability and optimized rental income, ranging from 386 to 547 SF, and the project is structured to eliminate parking requirements, further reducing construction costs and increasing long-term affordability. Located in one of Los Angeles' most vibrant and high-demand neighborhoods, this development sits within close proximity to top employment hubs, ensuring a steady stream of demand from professionals seeking affordable housing. The property is also well-connected to public transit, with nearby Metro stations and major bus lines, making commuting convenient. Additionally, outdoor enthusiasts will appreciate being just minutes from Griffith Park and the Hollywood Hills, offering a perfect balance of urban convenience and recreational opportunities. This turnkey development presents a rare and immediate opportunity for developers to bring much-needed affordable housing to one of LA's most sought-after areas. With all approvals in place and RTI status secured, this project is ready to break ground, offering both a socially impactful and financially strategic investment. Don't miss this prime Hollywood development opportunity. Contact us today for more details!.

Large Down slope R2 lot in the Calm Relaxing Hillside community of Silver Lake. Fast access to the Freeway and Downtown Living while enjoying the serenity of the hills. Be ready to build your Dream home or take advantage of the R2 Zoning to build ADU's or multiple units

Opportunity knocks - your chance to acquire city approved plans for 4 Architectural small lot single family homes in prime Silver Lake and coveted Ivanhoe School District - delivered RTI. The existing duplex is SB8 EXEMPT and the new plans are designed by well known architect Simon Storey who's projects have achieved awards and records in price per foot. Plans feature four 3 BD, 3.5 BA homes projected at approximately $7,800,000 worth of sales featuring spectacular city views, open floor plans, voluminous spaces, vaulted ceilings and private garages. Sold "as is." Start building this dream project right away.

An exceptional development opportunity in the highly sought-after Echo Park neighborhood! This vacant CM/CR-zoned lot spans 5,863 SF, offering developers the potential to build 14 units by right, with the option to maximize density through a TOC 1 bonus or 100% affordable housing guidelines. Ideal for a mixed-use project, combining ground-floor retail and residential spaces to capitalize on the area's growing and thriving community. Conveniently located near Echo and Elysian Park, Downtown LA, and cultural hotspots like Filipinotown, Koreatown, Chinatown, and Little Tokyo. Don't miss this prime investment opportunity, and contact the listing brokers for additional details!

We are pleased to present the opportunity to develop in one of Los Angeles's most sought-after neighborhoods on 1625 Grafton St.! This vacant 6,491 square feet lot, situated in the heart of Echo Park, offers endless possibilities for investors & developers looking to create a high-value project in a desirable location. The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units & multiple ADUs by right (Buyer to Verify). Nestled on a quiet, hillside street, the lot boasts potential for stunning city views and is surrounded by a mix of charming historic homes and modern new developments. With its prime location just minutes from Sunset Boulevard, Dodger Stadium, and Downtown LA, this parcel is ideal for a stylish multi-unit development, custom single-family home, or an architectural masterpiece that blends seamlessly with the vibrant energy of Echo Park. Convenient access to trendy cafes, boutique shops, and lush green spaces like Elysian Park makes this an unbeatable location for future tenants or homeowners. Don't miss your chance to build in one of LA's hottest real estate markets this vacant lot is a blank canvas ready for your vision! *Seller has conducted a survey of the lot and will share it with prospective buyers. Seller is excited and motivated to move forward and invites all offers for consideration!

The subject property for sale is a prime development opportunity located at 210 N Berendo Street, Los Angeles CA 90004. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. Zoned LAR3-1 with a lot area of 7500 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivisions. The Citywide Housing Incentive Program (CHIP) Ordinance enables streamlined project review procedures and introduces new incentives for eligible project types in order to expand access to affordable housing near transit, jobs, along corridors, and in higher opportunity areas. Through ED-1 you can potentially build 50+ units. Please consult a qualified architect, structural engineer, and dry utility consultant to verify the physical feasibility and ensure compliance with relevant building codes and standards. A savvy investor also benefits from of the current cash flow the property is generating through the current tenant in place while going through the planning and development process. Property currently has a Family Child Care tenant that is paying $6,000 per month ($72,000 year) and the term is set to expire at the end of March 2026. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the development incentives are an excellent acquisition for a developer or long term investor.

We are proud to exclusively present for sale a value-add Duplex in prime East Hollywood. Located on Kingsley Drive between Hollywood Blvd and Sunset Blvd, this 6,860 SF RD1.5-XL Tier 3 lot features 50 feet of frontage. This existing Duplex, consisting of two separate houses that share only a very short wall, is an ideal play for an owner-user, as the Duplex is well maintained and has great potential to be reimagined a Buyer may elect to remodel the existing structure and build 2+/- additional units in the back through the existing RD1.5 Zoning or as ADUs. Additionally, the large home located in the front has room to be converted into a 3 bedroom, buyer to verify. Situated in the heart of East Hollywood, the property is surrounded by Los Feliz, Hollywood and Silver Lake with excellent transit and a Walker's Paradise designation. This location is among the most in-demand neighborhoods by younger professionals. The property is a short distance to Target, Jitlada, Home Depot, Taqueria El Zarape, 99 Only Store, Shaky's Pizza, Kaiser Permanente, Zeytun Grocery & Deli, Barnsdall Art Park...and so much more! Take advantage of the Los Feliz and Silver Lake dining and nightlife scene and the easy access to the 101 Freeway. Hop on the Metro Red Line, free from traffic, and be almost anywhere in Los Angeles in practically no time at all.

Build your own custom Dream Home! RTI plans ready to shovel. AMAZING and sweeping views. Spectacular sweeping 180 degree sweeping mountain North Mountain and Westerly views! Low Profile frontage, Low key home front for added privacy from public. Come and see to believe the amazing opportunity

Build your own custom Dream Home! RTI plans ready to shovel. AMAZING and sweeping views. Spectacular sweeping 180 degree sweeping mountain North Mountain and Westerly views! Low Profile frontage, Low key home front for added privacy from public. Come and see to believe the amazing opportunity

We are pleased to present a rare 100% vacant land development opportunity located in the Westlake neighborhood of Los Angeles. Totaling 15,760 of LAR3 Tier 1 TOC zoned land, a new owner has the ability to capitalize on various exit strategies that include the following: 1) Letter of Determination from Planning and Housing Approval for a 65-unit, 100% affordable, 4-story, 41,272 SF building, 2) Potential to redesign the plans for a 140+ unit ED1 affordable housing development, or 3)Utilize SB684 for 10 small lot homes! This development site is strategically located in close proximity to the 101, 110 and 10 freeways providing easy access to downtown Los Angeles as well as neighboring submarkets such as Koreatown, MacArthur Park, East Hollywood, Silver Lake, Echo Park Chinatown and Pico Union. Contact the listing broker for additional information.

329-335 S Rampart Blvd is a multifamily development opportunity located just south of W 3rd St on the border of Westlake & Koreatown. The double lot totals 16,262 SF zoned R4-1 in a Tier 2 TOC offered at a low price per SF of $160 at the asking price. The double lot is currently vacant; no tenant relocation required. High Walk Score of 93, 329-335 S Rampart Blvd is located one mile from the Metro Red and Purple Lines and steps to multiple Metro Local Line bus stops at W 3rd St & S Rampart Blvd. Central location that is beneficial for residents that commute throughout the city with close proximity to employment hubs in Downtown Los Angeles, Koreatown, Westlake, Silver Lake, and Hollywood. The rental market continues to grow, illustrated through the plentiful new developments currently under construction in the area such as the Belle on Bev at 1800 Beverly Blvd (243 units), K-Town Place at 668 S Coronado St (122 units), and 1999 Apartments at 1999 W 3rd St (137units), among others.