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$ 139,000
Est. payment | /mo
0.25 Acres Lot
$ 139,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25495215
HOA Y/N No
Lot Size 0.253 Acres
Property Description
Discover a rare development opportunity in the heart of East Los Angeles with this prime .25-acre (11,003 Sqft) parcel of land. Located with breathtaking panoramic views of the surrounding hills, mountains, and neighborhood, this property stretches from Marengo St to Hicks Ave, offering a perfect setting for a residential project. Ideal for a developer, the lot is zoned for the construction of a Primary Home, Accessory Dwelling Unit (ADU), and Junior ADU (Jr. ADU), each with separate, private access. The adjacent .26-acre (11,258 Sqft) lot is also available, offering a combined total of .51 acres (22,261 Sqft) and the potential for a 6-unit development, including 2 Primary Residences, 2 ADU's, and 2 Jr. ADU's (Buyer to verify all). Utility and sewer connections are conveniently available at the street, streamlining the development process and enhancing the appeal for future builders or investors. The property's prime location is just minutes from key landmarks such as California State University, Los Angeles, and USC Keck Medical Center, making it an ideal spot for residential ventures in this highly sought-after area. With easy access to major freeways - 10, 710, and 5 - commuting and connectivity are a breeze, offering convenience for residents and an attractive proposition for developers. Whether you're planning a vibrant new development or looking for a strategic investment, this land offers a blank canvas in one of Los Angeles' fastest-growing neighborhoods. Don't miss out on the opportunity to make your mark in this thriving area.
Location
State CA
County Los Angeles
Area Cter - City Terrace
Zoning R2
Interior
Fireplace No
Exterior
Utilities Available Overhead Utilities
View Y/N Yes
View City Lights, Hills, Mountain(s)
Building
Lot Description Rectangular Lot, Sloped Down, Sloped Up
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 5229017007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Fernando Lara • Brokers Trust Real Estate Group
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Kristine Marquez
Agent | License ID: 02151470