$1,999,000

5000 Templeton Street, Los Angeles 90032

5

Beds

2

Baths

1,611

Square feet

54,886

Lot Size

Listing Agent
Li-chih Chang - LI CHIH CHANG, BROKER

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".

Facts & Features

MLS® # WS24072040
Price $1,999,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,611
Lot Size 54,886
Year Built 1949
Type Residential
Sub-Type Single Family Residence
Style Traditional, Colonial
Status Active
# Of Units 1

Community Information

Address 5000 Templeton Street
Area 621 - El Sereno
City Los Angeles
County Los Angeles
Zip Code 90032

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Spaces 2
Parking Garage, One Space
# of Garages 2
Garages Garage, One Space
View City Lights
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate
Interior Features Open Floorplan, Recessed Lighting, Storage, All Bedrooms Up, Tile Counters
Appliances Disposal, Gas Oven, Gas Range, Gas Water Heater
Heating Natural Gas, Wall Furnace
Cooling None
Has Basement Yes
Basement Unfinished
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Exterior Drywall, Stucco
Lot Description 6-10 Units/Acre, Lot Over 40000 Sqft, Near Public Transit, Value In Land
Windows Double Pane Windows
Roof Shingle
Construction Drywall, Stucco
Foundation Slab

School Information

District Los Angeles Unified

Additional Information

Date Listed April 12th, 2024
Days on Market 17
Zoning LARD3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLi-chih Chang
OfficeLI CHIH CHANG, BROKER

Listing Map

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