Prime multi-development opportunity in El Sereno featuring one RD-3 front lot and seven RD-1 vacant lands, perfect for maximizing land value and future developments. The existing 1,611 sqft home offers 5 bedrooms, 2 baths, a 2-car garage, a 450 sqft suite with a kitchenette, and an additional 300 sqft storage basement, all renovated in 2023. The RD-3 front lot allows for up to 7 units, while the seven RD-1 vacant lots on an up-sloping hillside boast breathtaking 180° views of East LA and the San Gabriel Valley, ideal for new condo or SFR developments. Developers can consolidate all parcels into one large lot for a high-value project. Conveniently located near major freeways, just minutes from DTLA, City Hall, Grand Park, MOCA Museum, Grand Central Market, Fashion &' Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and more, this property offers endless potential for investors and developers alike.
Property Details
Price:
$1,990,000
MLS #:
TR25011514
Status:
Active
Beds:
5
Baths:
2
Address:
5000 Templeton Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Feb 17, 2025
State:
CA
Finished Sq Ft:
1,611
ZIP:
90032
Lot Size:
55,225 sqft / 1.27 acres (approx)
Year Built:
1949
Schools
School District:
Los Angeles Unified
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Curbs, Street Lights
Garage Spaces
2.00
Lot Features
6-10 Units/ Acre, Lot Over 40000 Sqft
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
City Lights
Water Source
Public
Financial
Association Fee
0.00
Map
Contact Us
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Courtesy of Exp Realty of California Inc. 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 BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA 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 2025. California Regional Multiple Listing Service. All rights reserved. 5000 Templeton Street
Los Angeles, CA
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