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Echo Park Development Opportunity
For Sale
$858,000

2149 Fargo Street, Los Angeles, CA 90039

Rare lot in coveted neighborhood, ideal for development.

Property SizeContact for details
Days on Market417

Property Features for 2149 Fargo Street

General Information

Standard status Active
Listing Agency: RE/MAX PREMIER PROP ARCADIA
Listed By: FRED ASHKAR
Source: Corcoran
Added: Jul 18, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX PREMIER PROP ARCADIA

Investment Insights

Based on property information with market context.

This property presents a development opportunity on a 50x150 ft lot located in the hills of Echo Park. The site includes a 1,086 square foot home with 2 bedrooms and 1 bath, presenting a fixer or teardown opportunity. Additionally, there is a detached 396 square foot structure built in 1938, along with 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. A leveled parking pad provides extra on-site parking. The land value and location are suitable for remodeling, expansion, or building a custom new home. The property is located minutes from Elysian Park, Dodger Stadium, and Sunset Blvd hotspots.

Key Highlights

  • Rare 50x150 ft lot in a highly desirable Echo Park location.
  • Significant development potential to fix, teardown, remodel, expand, or new construction.
  • Includes a second detached 396 SF structure.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Rare lot in coveted neighborhood, ideal for development.
Where is this land located?
The property is located at 2149 Fargo Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $858,000.
What are key features of this property?
This property features: Rare 50x150 ft lot in a highly desirable Echo Park location.; Significant development potential to fix, teardown, remodel, expand, or new construction.; Includes a second detached 396 SF structure.
More about this property
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