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Listed by Jack Tsai • Exp Realty of California Inc
$1,990,000
Est. payment /mo
5 Beds
2 Baths
1,611 SqFt
Active
5000 Templeton Street Los Angeles, CA 90032
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,611 sqft
Price per Sqft $1,235
MLS Listing ID TR-25011514
Bedrooms 5
Full Baths 2
Year Built 1949
Lot Size 1.268 Acres
Property Sub-Type Single Family Residence
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
Community Features Curbs, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Lot Over 40000 Sqft, 6-10 Units/Acre
Sewer Public Sewer