5000 Templeton ST Active

Los Angeles,CA 90032

$ 1999000

5 Beds

2 Baths

1611 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,611 sqft

Price per Sqft $1,240

MLS Listing ID WS24072040

Bedrooms 5

Full Baths 2

Year Built 1949

Lot Size 1.260 Acres

Property 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".

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD3

Rooms

Ensuite Laundry In Kitchen

Interior

Laundry Location In Kitchen

Heating Natural Gas,Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Laundry In Kitchen

Exterior

Garage Garage,One Space

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Pool None

Community Features Curbs,Street Lights

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View City Lights

Roof Type Shingle

Building

Lot Description 6-10 Units/Acre,Lot Over 40000 Sqft,Near Public Transit,Value In Land

Dwelling Type House

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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