This exceptional vacant lot is a golden opportunity, attracting homeowners, builders, developers, and entrepreneurs alike. Whether you''re planning to build for personal use, hold for future value, or develop for resale, this property offers unmatched potential. Designed by the renowned second-generation 21st-century international firm, Balyan Architecture, this project has been meticulously researched, with RTI work already in progress. The seller will provide building configuration options tailored to your needs, and their architectural firm is available to assist with design, city planning, and permitting for an additional fee. Calling all developers, contractors, and owner-builders—this rare find is SB9-ready, allowing for up to four units with completed planning, zoning, topography, and slope analysis. The lot boasts dual street access from both the top and bottom, making construction incredibly convenient. Even better, no street improvements are required, offering a significant cost-saving advantage. With over 70 feet of rare, wide frontage, the development possibilities are vast. You can build a large single-family home with an attached ADU, an SB9 duplex on top with a second duplex on the bottom, or take advantage of an urban lot split, constructing two homes with separate APNs and selling one to offset construction costs. The expert-designed layout meets all setback, height, and square footage requirements, ensuring maximum efficiency for any project. Enjoy breathtaking city views from both ends of the lot, with a strategic location just minutes from Glendale, Pasadena, DTLA, Silverlake, Highland Park, USC Medical Center, and more. Surrounding homes are selling for $1.3M – $1.4M+, making this a high-value investment with exceptional return potential.
Opportunities like this don’t come around often. Whether you’re looking to build, develop, or invest, this property is a rare gem. Act now and bring your vision to life.
Opportunities like this don’t come around often. Whether you’re looking to build, develop, or invest, this property is a rare gem. Act now and bring your vision to life.
Property Details
Price:
$185,000
MLS #:
GD25053050
Status:
Active
Baths:
0
Address:
5129 Castleman 5216017029
Type:
Land
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Mar 8, 2025
State:
CA
ZIP:
90032
Lot Size:
4,898 sqft / 0.11 acres (approx)
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- Address5129 Castleman 5216017029 Los Angeles CA
- Area621 – El Sereno
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
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5129 Castleman 5216017029
Los Angeles, CA
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