Property Detail

Description

Exceptional development opportunity featuring four adjoining vacant lots being sold together: APNs 5127-005-044, 5127-005-043, 5127-005-042, and 5127-005-041. Perched at the top of in high-demand El Sereno, this rare collection offers amazing panoramic views and outstanding potential for builders and investors. The property is ideally suited for the development of four single-family residences, each with the potential for its own ADU. Buyer may also explore the possibility of subdividing for additional lots. A unique advantage is that each parcel is a Through Lot extending from Chadwick to Lynfield, providing access from both streets. Existing curb and gutter improvements are already in place on both sides, eliminating the need for costly street improvements. Sewer connections are available in both streets, with sewer maps available upon request. Additional due diligence materials available upon request include a Topographic Survey, Slope Band Analysis, and a Soils Report (report will require updating). Seller financing may be available with the right offer. A new construction SFR recently sold for $1.499M on Chadwick Circle.