22
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$1,990,000
Est. payment /mo
5 Beds
2 Baths
1,611 SqFt
Active
5000 Templeton ST Los Angeles, CA 90032
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,611 sqft
Price per Sqft $1,235
MLS Listing ID CRTR25011514
Bedrooms 5
Full Baths 2
Originating Board California Regional MLS
Year Built 1949
Lot Size 1.268 Acres
Property Sub-Type Single Family Home
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.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD3
Interior
Cooling None
Fireplaces Type None
Laundry In Kitchen
Exterior
Garage Spaces 2.0
Pool None
View City Lights
Building
Water District - Public
Others
Tax ID 5218006031
Special Listing Condition Not Applicable
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Listed by Jack Tsai • Exp Realty of California Inc