$1,999,000
For Sale

5000 Templeton Street

Los Angeles, CA 90032
1611 sqft | 5 beds | 2 baths | 1.26 acres | #WS24072040
Listing OfficeLI CHIH CHANG, BROKER
Browse 18 photos
Type:Purchase
Structure:House
Zone:Residential

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

Karen SellersReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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