Listing ID : CV21089434
-
Beds
2 -
Baths
1/0 -
Structure / Lot Size
1,054 Sqft / 7,501 Sqft -
Year
1925
Description
Incredible development/investment opportunity in LA's El Sereno neighborhood centrally located near Pasadena, Alhambra and Downtown LA. This rare 7501 sqft parcel is zoned with the highly coveted LARD 1.5 "Small Lot Subdivision" zoning designation. The LARD 1.5 zoning requirements afford many different development options for this parcel, allowing for the possible development of up to one dwelling per every 1500 SQFT of lot size. This highly buildable 7501 sqft parcel currently contains a 2 bedroom 1.5 bathroom home that can possibly be rented out creating cash flow while in the early stages of planning/development. Whether it be multifamily, townhome or another creative residential project, the development possibilities for this property are endless! Don't miss out on this opportunity.
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Area Information 90032
Population:
49.82%Female
48.92%Rented
4.14%Vacant
6.54%Associate
16.22%Bachelor
7.02%Graduate
Tax Assessments
Value
- Land $20,758
- Improvements $14,521
- Total $35,279
Property Tax
- 2022 $584
History
Date | Transaction | Price | Mortgage Amt & Lender |
Date
Jul 16, 2023
|
Transaction
Active - ResidentialP1-11674
|
Price
$840,000
|
Mortgage Amt & Lender
-
-
|
Date
May 11, 2022
|
Transaction
Expired - ResidentialAR22022654
|
Price
$899,999
|
Mortgage Amt & Lender
-
-
|
Date
Oct 24, 2021
|
Transaction
Expired - ResidentialCV21089434
|
Price
$975,000
|
Mortgage Amt & Lender
-
-
|
Date
Apr 23, 2020
|
Transaction
Expired - LandAR20015701
|
Price
$999,999
|
Mortgage Amt & Lender
-
-
|
Date
Apr 23, 2020
|
Transaction
Expired - ResidentialAR20015645
|
Price
$999,999
|
Mortgage Amt & Lender
-
-
|
Date
Jan 23, 2020
|
Transaction
Expired - LandAR19272133
|
Price
$999,999
|
Mortgage Amt & Lender
-
-
|
Date
Jan 23, 2020
|
Transaction
Expired - ResidentialAR19272096
|
Price
$999,999
|
Mortgage Amt & Lender
-
-
|