5000 Templeton Street
Los Angeles, CA, 90032
$1,990,000
5 Beds
2 Baths
1,611 SqFt
1.27 Acres
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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 &#38' Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and more, this property offers endless potential for investors and developers alike.

Property Details

Price:
$1,990,000
MLS #:
TR25011514
Status:
Active
Beds:
5
Baths:
2
Address:
5000 Templeton Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Feb 17, 2025
State:
CA
Finished Sq Ft:
1,611
ZIP:
90032
Lot Size:
55,225 sqft / 1.27 acres (approx)
Year Built:
1949
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Schools

School District:
Los Angeles Unified

Interior

Cooling
None
Fireplace Features
None

Exterior

Community Features
Curbs, Street Lights
Garage Spaces
2.00
Lot Features
6-10 Units/ Acre, Lot Over 40000 Sqft
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
City Lights
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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Rover IDX
5000 Templeton Street
Los Angeles, CA