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$ 2,100,000
Est. payment /mo
New
2408 N Eastern Avenue Los Angeles, CA 90032
1 Bed
1 Bath
2.15 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26016947
Bedrooms 1
Lot Size 2.154 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
7 Lots totaling 2.154Acre Redevelopment Site (2 Triplexes and 1.82Acre Lot) in a central location in El Sereno, several blocks from Valley Blvd Alhambra, and easy commute to DTLA. 7 combined lots: 2408 N Eastern, 2410 N Eastern, and a 1.82ACRE Residential development lots (5 parcels behind it) for sale. This combined portfolio totaling 2.154ACRE residential lot that is prime and ready to be redeveloped. These properties have been in the same family for more than 11 years and this is the first time they have been offered for sale. The properties are strategically located in El Sereno, bordering Alhambra and a short distance to Downtown Los Angeles. The properties are strategically located at the border of Alhambra, and adjacent to Hillside Village neighborhood. The location is only several blocks away from Valley Blvd, El Sereno Park & Recreation Center, Ascot Hills Park, and only minutes to Cal State University Los Angeles. The properties enjoy close proximity to Downtown Los Angeles area via Huntington Drive or FWY 10 which is only minutes away. It has good demographics with $101,398 AHH Income within a 1-mile radius. The 5 residential lots totaling 1.82ACRE are located right behind the 2 triplexes (located at 2408-2410 N Eastern Ave). It offers a rare and prime opportunity for developers to acquire an infill large development site in a mature area. It has a total of 1.82ACRE (79353 SF) lot size with RD5-1D zoning; gently sloping lot. There is an access street from a quiet and cul-de-sac street (THELMA AVE use 2357 or 2358 Thelma Ave in Google map). On the 5 lots, Seller
Location
State CA
County Los Angeles
Zoning Assessor
Direction SOUTH OF HUNTINGTON DR AND NORTH OF ALHAMBRA RD/VALLEY BLVD
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5216007007
Acceptable Financing Cash
Listing Terms Cash
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Listed by Handoko Chen Growth Investment Group Pasade