We are excited to present this RTI development opportunity in El Sereno. Currently on the massive 7,099 SF LARD1.5 lot stands a 3-bedroom 2-bathroom single family home spanning 1,432 SF and a detached 2-car garage just one lot from the corner with alley access. Approved plans call for the demolition of the existing structure to build four new 4-bedroom townhome style units distributed across nearly 10,000 SF of building space. SB8 clearance is on hand verifying that no replacement units are required for the future development. This pocket of El Sereno is the perfect home for multifamily developments as such boasting strong connectivity to major hubs such as the Cal State LA campus, Downtown Los Angeles, Pasadena, and Alhambra.
Property Type :
Residential
County :
Los Angeles
Style :
Residential
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ByOwner last updated this listing 05/18/2024 @ 04:24
MLS: 23322669
LISTED BY: Yohann Bensimon, Keller Williams Hollywood Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
