5000 Templeton Street
Los Angeles, CA 90032
1611 sqft | 5 beds | 2 baths | 1.26 acres | #WS24072040
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".
Interior Details
- InteriorOpenFloorplan, RecessedLighting, Storage, TileCounters, AllBedroomsUp
Beds & Baths
- Bedrooms5
- Bathrooms2
- Full Baths2
Property Details
- Lot DescriptionItem610UnitsAcre, LotOver40000Sqft, NearPublicTransit, ValueInLand
- ViewCityLights
- Stories2
Measurements
- Acres1.26
- Square Feet1611
Parking
- Parking Spaces2
Construction Details
- BasementUnfinished
- Property TypePurchase
Condition
- Year Built1949
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictLos Angeles Unified
- CountyLos Angeles
Financial Details
- Original List Price$1,999,000
Other
- MLS #WS24072040
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: LI-CHIH CHANG (#W73685)
Listing Office: LI CHIH CHANG, BROKER (#21122)
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