5000 Templeton Street

Los Angeles, CA 90032

$1,999,000

List Price

5

bed Beds

2

shower Baths

1,611 sqft

straighten / sqft

1949

calendar_month Built

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".

Listing Information

List Price $1,999,000
Status Active
MLS WS24072040
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1949
Lot Size 54,886
Structure Size 1,611
DOM 123
Courtesy Of LI CHIH CHANG, BROKER
Listing Agent LI-CHIH CHANG DRE#00961423
Co-Listing Agent TE SHUEN DEE DRE#01207029

Interior Features

Laundry Information
Location(s) In Kitchen
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 2
Flooring Information
Material Laminate
Fireplace Information
Features None
Additional Information
Additional Features Open Floorplan, Recessed Lighting, Storage, Tile Counters, All Bedrooms Up
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Concrete, Covered
View Yes

Maps

Listing information courtesy of: LI-CHIH CHANG, TE SHUEN DEE, LI CHIH CHANG, BROKER . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.