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Listed by Chit Yip, DRE #01885125 • Coldwell Banker Realty
$ 400,000
Est. payment /mo
Price Dropped by $350K
0 Thelma Ave Los Angeles, CA 90032
1.82 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-27046
Lot Size 1.822 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Major price reduction! Don't miss this incredible investment opportunity to purchase two detached triplexes totaling approximately 14,487 SF ( listed separately under MLS# P1-27820 Parcel# 5216-007-006 & 007 ) together with five adjacent vacant land parcels comprising approximately 2.15 acres. All are offered together as one package for $ 2,000,000! Of the total purchase price $400,000 is allocated to the five vacant land parcels. Situated in a prime El Sereno location near Alhambra with LARD5 zoning, offered at an exceptionally attractive price with tremendous future development potential. Conveniently located near Valley Blvd and just minutes from California State University, LA with easy access to DTLA, Highland Park, South Pasadena, and the 10, 710 freeways. Established neighborhood with utilities available from adjacent properties. These properties offer convenient access, scenic surroundings and excellent potential for future residential development. LARD5 zoning may offer potential for apartments, townhomes, condominiums or other residential development opportunities. All five lots are adjacent to each other. APN # 5216-007-010 & 5216-007-022 & 5216-007-017 located on 0 N. Thelma Ave, APN# 5216-007-011 and APN # 5216-007-012 located on North Eastern Ave Los Angeles, CA 90
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning SPKN
Exterior
Fence Wood, Chain Link
View Local/Neighborhood, City Lights
Building
Water District - Public
Others
Tax ID 5216007010
Special Listing Condition Not Applicable
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