2408 Eastern Avenue, El Sereno, CA 90032
  • MLS#: AR25161374 ( )
  • Street Address: 2408 Eastern Avenue
  • Viewed: 2
  • Price: $980,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 4
  • Acreage: 1.82 acres
  • Additional Information
  • County: LOS ANGELES
  • City: El Sereno
  • Zipcode: 90032
  • Provided by: Growth Investment Group Pasade
  • Contact: Han Han
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    DOWNLOAD OM in the SUPPLEMENTAL! 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). Seller has initial architect drawing to build a 15 units master plan Single Family Residential drawings will be included in the sale. The Sales comparable for older homes in the immediate El Sereno area with small lots (older houses with less than 6000SF lot size) in the past 12 months shows a range of sales price between $800,000 to $1,500,000. The 5 lots are priced to sell at only $12/SF lot. Upon completion of the project, each finished SFR could be worth $1.5million (buyer to verify). Properties are strategically and centrally located on Eastern Ave, several blocks north of Valley Blvd in Alhambra, and several blocks south of Huntington Drive. It enjoys a quiet atmosphere yet close to Alhambra, El Sereno Park and Recreation Center, Ascot Hills Park, and just minutes away from Cal State University Los Angeles. Commuting to Downtown Los Angeles is a breeze with easy access to FWY 10. El Sereno, nestled in Northeast Los Angeles, is a vibrant, historic neighborhood known for its rich cultural diversity and strong sense of community. One of the oldest areas in the city, dating back to 1769, it was once home to the Tongva village of Otsungna and later became a hub for Mexican American and Italian American families after restrictive covenants were lifted in 1948. The neighborhood offers a dense suburban feel with a mix of modest single family homes and small apartment buildings, many built between 1940 and 1969, set against scenic hillsides with stunning views of the San Gabriel Mountains and Downtown LA.
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Features
Additional Parcels Description
  1. 5216-007-011
  2. 012
  3. 017
  4. 022
Assessments
  1. Buyer to Verify
Association Fee
  1. 0.00
Commoninterest
  1. None
Country
  1. US
Distancetowatercomments
  1. ADJACENT
Fencing
  1. None
Lot Dimensions Source
  1. Assessor
Lot Features
  1. Gentle Sloping
  2. Lot Over 40000 Sqft
  3. Irregular Lot
  4. Near Public Transit
  5. Park Nearby
  6. Value In Land
Parcel Number
  1. 5216007010
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Survey
  1. Buyer Pays
Utilities
  1. Cable Available
  2. Electricity Available
  3. Natural Gas Available
  4. Phone Available
  5. Sewer Available
  6. Water Available
View
  1. City Lights
Water Source
  1. Public
Zoning
  1. LARD5