5000 Templeton Street, Los Angeles, CA 90032
- $1,999,000
- $1,241
- $1,999,000
- $1,241
Description
Location, Location, Location:
Large multi-development parcels (RD-3 Front lot plus 6 RD-1 Vacant lots) in the best location outskirt Down Town LA for new developments and investment; neighboring South Pasadena, Alhambra, Pasadena, San Marino, Monterey Park.
– Easy access to freeways 5, 10 & 710.
– 5 miles, 10-12 minutes surface road, to heart of DTLA, City Hall, Grand Park, MOCA Museum, Court Houses, Disney Concert Hall, Grand Central Market, Fashion & Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and unlimited resources.
– 2.4 miles to Cal State LA;
– 4.6 miles to East LA College.
– 180° grand scenic view of East LA & San Gabriel Valley.
Additional Highlights:
Current house is 1611 Sqft with 4 bedrooms, 2 baths, 2-car garage, plus appx. 450 Sqft suite with kitchenette, and appx. 300 Sqft additional storage basement.
Current status:
– Existing home with 5-Bedroom, 2-Bath on RD-3 zoning front lot, allowed for up to 7 units.
– All interior renovation in 2023.
– Additional 6 vacant parcels are RD-1 zoning on up-sloping hillside lot with 180° scenic views.
– Tenant occupied, by appointment only.
– Existing house will be delivered vacant.
Buyer’s options:
– Consolidate all as one big lot to maximize the land value.
– Build new Condos & SFR on vacant lots.
– Buyer to verify the accuracy of all information through appropriate professionals. Property sold “as is where is”.
Address
Open on Google Maps-
Address: 5000 Templeton Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90032
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Area: 621 - El Sereno
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Country: United States
Details
Updated on April 17, 2024 at 5:42 pm-
Property ID SGR-29419384
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Price $1,999,000
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Property Size 1611.00 m²
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Land Area 54885.60 m²
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Bedrooms 5
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Bathrooms 2
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Garages 2.00
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Year Built 1949
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Property Type Residential
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Property Status For Sale
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MLS# WS24072040
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Office Name LI CHIH CHANG, BROKER
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Agent Name LI-CHIH CHANG
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MLS Status Active
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Co-Office Name GREATLAND REALTY & MORTGAGE
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Co-Agent Name TE SHUEN DEE
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Agent State License 00961423
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Co-Agent State License 01207029
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IDX Contact Info 626-321-0622
Additional details
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Roof Shingle
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View City Lights
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Sewer Public Sewer
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Cooling None
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Heating Natural Gas,Wall Furnace
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Flooring Laminate
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County Los Angeles
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Property SubType Single Family Residence
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Parking 2.00
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Water Source Public
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