2217 Elsinore, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
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2217 Elsinore
Los Angeles, California 90026
ACTIVE
CONDITION: POOR
2Beds
1Baths
948Sq Ft
7,498Lot Size
Property Price
LIST PRICE$1,080,000
EST. MARKET VALUE
$999,184
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,080,000—positioned above the $1,028,779 Fair Market Value by 4%. While the current structure has a Condition Rating of 5, the 7,498 sqft oversized flat lot offers significant redevelopment potential for ADUs or expansion. Featuring timeless architectural character and a City Lights view, this asset is primed for a full-scale renovation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants looking to execute a high-value restoration project in Echo Park.
Estimated Market Value
$999,184
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2217 Elsinore Subject 2 bd · 1 ba · 948 sqft · $1,054 | $1,080,000* List Price | 2 | 1 | 948 | $1,054 | - |
A 1546 Elevado Street Sold 3 bd · 2 ba · 1,302 sqft · $853 · 0.7 mi | $1,110,000 | 3 | 2 | 1,302 | $853 | 0.7 mi |
B 1947 Delta Active 1 bd · 1 ba · 661 sqft · $1,399 · 0.5 mi | $925,000 List Price | 1 | 1 | 661 | $1,399 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1910 and held by the same owner for nearly 40 years, this property is marketed for its 'redevelopment potential' and 'restoration' needs. Given the age and lack of recent updates, the kitchen, bath, and major systems are likely well beyond their useful life, requiring a full rehab or significant structural investment.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7498, living area = 948.
- Exceptional Redevelopment Potential
The oversized 7,498 sqft flat lot is a rare find in Echo Park, offering significant upside for developers or owner-users to add ADUs or pursue multi-unit expansion.
- Prime Echo Park Location
Ideally situated near Silver Lake and DTLA, the property commands high demand due to its proximity to trendy dining, shopping, and major commuter routes.
CONSRISKS & DEFICIENCIES
- Limited Existing Living Space
At just 948 square feet with a 2-bedroom, 1-bathroom configuration, the current structure is undersized for the price point and modern residential expectations.
- Likely Deferred Maintenance
Being held by the same owner for nearly 40 years suggests the property will require substantial capital investment to modernize systems and finishes.
About 2217 Elsinore
Available for the first time in nearly 40 years. Oversized flat lot with exceptional redevelopment potential! Rare opportunity to acquire a classic California Craftsman on an expansive lot offering tremendous upside for developers, investors, and owner-users alike. The existing 2 bedroom/1 bathroom Craftsman home features timeless architectural character, including a spacious front porch, exposed rafter tails, and original period details. Property is VACANT and ready to go. Seller also owns adjoining 2221 Elsinore and will consider selling the properties separately or together. Combined, the two contiguous RD2-1VL parcels total approximately 14,994 SF, offering compelling multifamily redevelopment potential, including possible additional density under California State Density Bonus Law/AB 1287. Buyer to independently investigate and verify zoning, density, affordable/replacement-unit requirements, ADU potential, incentives, waivers, and all development possibilities with the City of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 7,498 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mayberry Street Elementary School
Grades K-6 • 0.4 mi
2/10
Rosemont Avenue Elementary School
Grades K-5 • 0.6 mi
5/10
Clifford Street Elementary School
Grades K-6 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 948 | 1,670.836 |
| Lot Size | 7,498 | 6,152.156 |
| Price | $1.08M | $1.34M |
| Price per sq ft | $1.1K | $807 |
| Built year | 1910 | 1941 |
| HOA | $0 | $238 |
| Days on market | 105 | 56 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,080,000
Initial Listing