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”.