5000 Templeton Street Los Angeles, CA 90032
5 Beds
2 Baths
1,611 SqFt
UPDATED:
02/21/2025 02:18 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,611 sqft
Price per Sqft $1,235
MLS Listing ID TR25011514
Style Detached
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1949
Lot Size 1.268 Acres
Acres 1.2678
Property Sub-Type Detached
Property Description
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.
Location
State CA
County Los Angeles
Area Los Angeles (90032)
Zoning LARD3
Interior
Laundry Kitchen
Exterior
Garage Spaces 2.0
View City Lights
Total Parking Spaces 2
Building
Lot Description Curbs
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $33
Acceptable Financing Cash, Conventional, Exchange, FHA, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, FHA, Cash To New Loan
Special Listing Condition Standard
