3925 Elderbank Drive, Los Angeles, CA 90031
Property · 2 recorded sales since 2016
Sold November 2020
Listing Agent: Glenn Shelhamer (DRE #01950995) · Listing Office: The Shelhamer Real Estate Group · Contact: 310-913-9477 · Bought with: Margaret Cashion · Berkshire Hathaway HomeServices California · MLS #20618590 · Source: CRMLS
About this property
Located in the hillside enclave of Montecito Heights are two lots (APNs 5303-012-018 & 5303-012-019) totaling 6,583 square feet ($249,000 is for both lots/sold together). With breathtaking views of the hills, DTLA skyline, and the Pacific Ocean (on a clear day), this is a great opportunity for a builder or individual to construct a brand new home (up to 2,818 SF per Slope Analysis) or check with the city about building two homes. The lots are located upslope from the street with a generous buildable area to take advantage of the stunning landscape of NELA below. Minutes from Highland Park's booming Figueroa corridor and easy freeway access to DTLA/South Pasadena, this property is sure to make your dream of building a home a reality. Recent home sales in the area support values of up to $1.3M and new construction in the neighborhood make this a smart investment. Sellers have a current Topographic Survey, Slope Analysis, and expired Geological report in hand. Contact listing agent.
Listing description from the November 2020 sale, as reported to CRMLS.
Sale history
