2643 Glendale Boulevard, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 1 bath
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Los Angeles, California 90039
Analysis of 2643 Glendale Boulevard, Los Angeles, California 90039 is currently available with a list price of $2,700,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is a 1922 structure (100+ years old) marketed as a 'value-add' development opportunity. The listing emphasizes the LAR2 zoning potential for multifamily units and includes a vacant lot, indicating the existing Spanish-style structure is likely in original condition and being sold for land value rather than habitability.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7753, living area = 1380.
Zoned LAR2 across two side-by-side lots, the property offers a rare opportunity to build multi-family units and ADUs in a high-demand rental market.
Centrally located near the Silver Lake Reservoir and trendy hotspots, the property benefits from a prestigious address with easy access to DTLA and Hollywood.
The property is sold in its current state, and the 1922 structure likely requires extensive repairs or a complete overhaul to meet modern standards.
With a $2.7M list price and the need for extensive development or renovation, the project demands a high level of upfront capital and construction expertise.
BEST OPPORTUNITY IN SILVER LAKE! TWO SIDE BY SIDE NEIGHBORING LOTS! APN: 5439-009-005 APN: 5439-009-006 IN PRIME SILVER LAKE! One lot has a SFR and the neighboring lot is vacant land with utilities near by. These properties are near the trendy restaurants and hot spots of Silver Lake. Not far from the Silver Lake Reservoir, centrally located to the Hollywood Hills, Griffith Observatory, and DTLA. Zoned LAR 2. An amazing opportunity for investors and developers. Being zoned LAR 2 you could build Multifamily Units, along with a couple of ADU's per lot! This VALUE ADD property is located in a great rental market. Or flip the existing Spanish style structure and expand the living square feet. Add a pool with an amazing guest house. The possibilities are endless! These neighboring side by side lots are an amazing canvas that can not be missed. Property is to be sold with neighboring side by side VACANT LOT OF LAND! As is and where is. Buyers and buyers agents are to do their own investigation on properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.5 | 18% |
| Square foot | 1,380 | 1,622 | 38% |
| Lot Size | 7,753 | 5,406.5 | 90% |
| Price | $2.70M | $1.46M | 89% |
| Price per sq ft | $2.0K | $1.1K | 99% |
| Built year | 1922 | 1930 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 144 | 2% |
Apr 28, 2026
$2,700,000
Initial Listing
Aug 22, 1990
$300,000
Public Record