5000 Templeton ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90032
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25040957
Lot Size 1.268 Acres
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
Exterior
Community Features Curbs,Street Lights
View Y/N Yes
View City Lights
Building
Lot Description 6-10 Units/Acre,Lot Over 40000 Sqft
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA
Listing Terms Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA
Special Listing Condition Standard