Property Detail

Description

Savvy builders will recognize the value in this opportunity. Soils report available (update letter will be needed, but you’ll quickly understand how favorable the underlying geology is). Topographic and Boundary Survey available. Slope band analysis (SBA) has been performed and is available. Highway dedication is complete. The other three adjacent parcels are also available (APNs 5217005041, 5217005042 & 5217005043), creating a rare opportunity to develop four contiguous lots in North East LA without the need for a street improvement plan. Very likely each of the four lots can accommodate one Single Family Dwelling and one ADU, however, interested parties should verify all development potential and proposed plans with the Los Angeles Department of Building and Safety. Through lots (Street to Street) will make construction access very favorable. Sewer lateral is in lower street (Lynnfield Circle), so connections will be gravity fed. Electrical is overhead. Gas is in street. Water is in street. Owner is listing agent and may carry with the right offer.