22
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$1,990,000
Est. payment /mo
1.27 Acres Lot
Active
5000 Templeton ST Los Angeles, CA 90032
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Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR25040957
Originating Board California Regional MLS
Lot Size 1.268 Acres
Property Sub-Type Other Residential Land
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 D2,LZ
Exterior
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