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".
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".
Property Details
Price:
$1,999,000
MLS #:
WS24072040
Status:
Active
Beds:
5
Baths:
2
Address:
5000 Templeton Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Apr 12, 2024
State:
CA
Finished Sq Ft:
1,611
ZIP:
90032
Lot Size:
54,885 sqft / 1.26 acres (approx)
Year Built:
1949
Schools
Interior
Accessibility Features
None, Parking, Ramp – Main Level
Appliances
Disposal, Gas Oven, Gas Range, Gas Water Heater
Basement
Unfinished
Cooling
None
Fireplace Features
None
Flooring
Laminate
Heating
Natural Gas, Wall Furnace
Interior Features
Open Floorplan, Recessed Lighting, Storage, Tile Counters
Window Features
Double Pane Windows
Exterior
Community Features
Curbs, Street Lights
Electric
Electricity – On Property, Standard
Fencing
Chain Link
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
6-10 Units/ Acre, Lot Over 40000 Sqft, Near Public Transit, Value In Land
Parking Features
Garage, Parking Space
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
City Lights
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address5000 Templeton Street Los Angeles CA
- Area621 – El Sereno
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
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Courtesy of LI CHIH CHANG, BROKER. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 5000 Templeton Street
Los Angeles, CA
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