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.
Property Details
Price:
$1,990,000
MLS #:
TR25040957
Status:
Active
Baths:
0
Address:
5000 Templeton Street 5218006031
Type:
Land
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
90032
Lot Size:
55,225 sqft / 1.27 acres (approx)
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6-10 Units/ Acre, Lot Over 40000 Sqft
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Community
- Address5000 Templeton Street 5218006031 Los Angeles CA
- Area621 – El Sereno
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
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Courtesy of Exp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.5000 Templeton Street 5218006031
Los Angeles, CA
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