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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,999,000

Est. payment -/mo

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Active

5000 Templeton ST Los Angeles, CA 90032

5 Beds

2 Baths

1,611 SqFt

UPDATED:

09/30/2024 06:51 PM

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

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1949

Lot Size 1.260 Acres

Lot Dimensions Assessor

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

Basement Unfinished

Main Level Bedrooms 5

Ensuite Laundry In Kitchen

Interior

Interior Features Open Floorplan, Recessed Lighting, Storage, Tile Counters, All Bedrooms Up

Laundry Location In Kitchen

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Oven, Gas Range, Gas Water Heater

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

Accessibility None, Parking, Accessible Approach with Ramp

Porch Concrete, Covered

Parking Type Garage, One Space

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

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

Dwelling Type House

Faces North

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial, Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5218006031

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by LI-CHIH CHANG • LI CHIH CHANG, BROKER • 626-321-0622

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

5000 Templeton ST Los Angeles, CA 90032

Key Details

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Rooms

Interior

Exterior

Building

Schools

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5000 Templeton ST