Calling all developers & investors, — this is your chance to unlock the full potential of a rare 50x150 ft lot in one of LA’s most coveted neighborhoods! Located in the hills of Echo Park, this 2-bedroom, 1-bath home (1,086 SF per assessor) is a true fixer or teardown opportunity. The property includes a second detached 396 SF structure (built in 1938) and a bonus lower-level recreation room beneath the raised foundation. An additional parcel (APN: 5422-021-005) provides an irrevocable easement and right of way, offering enhanced flexibility for development. There's also a leveled parking pad for extra on-site parking. Whether you’re planning to remodel, expand, or build a custom new home, the land value and location speak for themselves. Just minutes to Elysian Park, Dodger Stadium, and Sunset Blvd hotspots. Zoned for opportunity and poised for transformation — don’t miss this one.
Lot/land
Listing Provided by:
Fred Ashkar DRE #00925837 818-681-4975,
Re/Max Premier Prop Arcadia,
John Ashkar DRE #01807861,
Re/Max Premier Prop Arcadia
$868,000
2149 Fargo St LOT 55, Los Angeles, CA 90039
--beds
--baths
7,503Square Feet
Unimproved Land
Built in ----
7,503 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Bonus lower-level recreation room
- 27 days
- on Zillow |
- 117 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 05:05pm
Listing Provided by:
Fred Ashkar DRE #00925837 818-681-4975,
Re/Max Premier Prop Arcadia,
John Ashkar DRE #01807861,
Re/Max Premier Prop Arcadia
Source: CRMLS,MLS#: AR25161426
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Fencing: Fair Condition,Wire
- Has view: Yes
- View description: City Lights
Lot
- Size: 7,503 Square Feet
- Features: Rectangular Lot
Details
- Additional parcels included: 5422021005
- Parcel number: 5422021009
- Zoning: LAR1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: Mountainous
Location
- Region: Los Angeles
Financial & listing details
- Date on market: 7/17/2025
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
- Road surface type: Paved
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