Commercial property
Listing Agent: Aram Karsian (DRE #01302247) · Listing Office: Trimax Realty Team, Inc · Contact: 818-612-6555 · Bought with: Crystal J. Dunn · NONMEMBER MRML · MLS #GD23156597 · Source: CRMLS
Incredible RTI Approved Plan opportunity to build your dream home on a rare 15,525 Vacant lot in one of Northeast Los Angeles' most desirable neighborhoods! Located in El Sereno Hills, this lot location stands out because of privacy and proximity to all the sights and sounds of the city. The project is currently designed for two units. The current owner has thoughtfully designed the project so both homes have street frontage. This also allows for a larger backyard and both units to capture beautiful views. The project includes approved plans for a Main House - 3700 SF 5-bed + 3 ½ and an attached ADU - 1200 SF 2 bed + 3 bath with a potential huge potential. - The lot is SB-9 eligible and has a wide frontage 86'+/- of frontage. - This will be ideal to split the lot with SB-9 in the middle. This process will be administrative, and the process should be much faster than a regular lot split. - Splitting the lot into two, which opens up a bunch of combinations. a) One can build to 2 S.F.D. properties + 2 ADU units for a total of 4 and sell each lot individually. b) build 2 S.F.D. units). c) Split the lot into two and sell one of the lots to finance the construction of the other lot. Tranquility and privacy come with living in this peaceful hillside community. Just minutes away from all the excitement and energy of Downtown LA, Elysian Park, Dodgers Stadium, Chinatown, and Highland Park. Dazzling skyline and watch the city lights as the sun sets over the horizon—the perfect balance of privacy and convenience. Call us today for plans, reports, and design packages. The price includes surveys, structural, and soil reports.
Listing description from the October 2023 sale, as reported to CRMLS.