Description
Location, Location, Location: Large multi-development parcels (RD-3 Front lot plus 6 RD-1 Vacant lots) in the best location outskirt Down Town LA for new developments and investment; neighboring South Pasadena, Alhambra, Pasadena, San Marino, Monterey Park. - Easy access to freeways 5, 10 & 710. - 5 miles, 10-12 minutes surface road, to heart of DTLA, City Hall, Grand Park, MOCA Museum, Court Houses, Disney Concert Hall, Grand Central Market, Fashion & Jewelry Districts, Keck Medicine of USC, Dodger Stadium, and unlimited resources. - 2.4 miles to Cal State LA; - 4.6 miles to East LA College. - 180° grand scenic view of East LA & San Gabriel Valley. Additional Highlights: Current house is 1611 Sqft with 4 bedrooms, 2 baths, 2-car garage, plus appx. 450 Sqft suite with kitchenette, and appx. 300 Sqft additional storage basement. Current status: - Existing home with 5-Bedroom, 2-Bath on RD-3 zoning front lot, allowed for up to 7 units. - All interior renovation in 2023. - Additional 6 vacant parcels are RD-1 zoning on up-sloping hillside lot with 180° scenic views. - Tenant occupied, by appointment only. - Existing house will be delivered vacant. Buyer’s options: - Consolidate all as one big lot to maximize the land value. - Build new Condos & SFR on vacant lots. - Buyer to verify the accuracy of all information through appropriate professionals. Property sold as is where is.
