5000 Templeton Street, Los Angeles, CA 90032 - MLS#TR25011514

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,990,000

Est. payment - /mo

5 Beds

2 Baths

1,611 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,611 sqft

Price per Sqft $1,235

MLS Listing ID TR25011514

Style Detached

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1949

Lot Size 1.268 Acres

Acres 1.2678

Property Sub-Type Detached

Property Description

Prime multi-development opportunity in El Sereno featuring one RD-3 front lot and seven RD-1 vacant lands, perfect for maximizing land value and future developments. The existing 1,611 sqft home offers 5 bedrooms, 2 baths, a 2-car garage, a 450 sqft suite with a kitchenette, and an additional 300 sqft storage basement, all renovated in 2023. The RD-3 front lot allows for up to 7 units, while the seven RD-1 vacant lots on an up-sloping hillside boast breathtaking 180 views of East LA and the San Gabriel Valley, ideal for new condo or SFR developments. Developers can consolidate all parcels into one large lot for a high-value project. Conveniently located near major freeways, just minutes from DTLA, City Hall, Grand Park, MOCA Museum, Grand Central Market, Fashion & Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and more, this property offers endless potential for investors and developers alike.
Prime multi-development opportunity in El Sereno featuring one RD-3 front lot and seven RD-1 vacant lands, perfect for maximizing land value and future developments. The existing 1,611 sqft home offers 5 bedrooms, 2 baths, a 2-car garage, a 450 sqft suite with a kitchenette, and an additional 300 sqft storage basement, all renovated in 2023. The RD-3 front lot allows for up to 7 units, while the seven RD-1 vacant lots on an up-sloping hillside boast breathtaking 180 views of East LA and the San Gabriel Valley, ideal for new condo or SFR developments. Developers can consolidate all parcels into one large lot for a high-value project. Conveniently located near major freeways, just minutes from DTLA, City Hall, Grand Park, MOCA Museum, Grand Central Market, Fashion & Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and more, this property offers endless potential for investors and developers alike.

Location

State CA

County Los Angeles

Area Los Angeles (90032)

Zoning LARD3

Interior

Laundry Kitchen

Exterior

Garage Spaces 2.0

View City Lights

Total Parking Spaces 2

Building

Lot Description Curbs

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $33

Acceptable Financing Cash, Conventional, Exchange, FHA, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, FHA, Cash To New Loan

Special Listing Condition Standard

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Listed by Jack Tsai • Exp Realty of California Inc

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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5000 Templeton Street Los Angeles, CA 90032

Nicole Hazelton

Key Details

Location

Interior

Exterior

Building

Others

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