Description
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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.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50446735
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Fencing
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 1.8217
- Lot Size Source: Assessor
- Lot Size Square Feet: 79353
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Listing Information
Listing Price Information
- Original List Price: 980,000
- Listing Contract Date: 2025-07-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5216007010
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 621 - El Sereno
- Directions: THE 5 LOTS ARE DIRECTLY BEHIND 2408-2410 N EASTERN AVE OR NEXT TO 2538 THELMA AVE, LOS ANGELES
- Zoning: LARD5
- Source Property Type: Land
- Area: 621 - El Sereno
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 07/21/2025 @ 02:39
- MLS: AR25161374
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 79,353 sized lot, and 0 parking. are nearby neighborhoods.