2408 Eastern Avenue, Los Angeles, CA 90032
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
Listed by:han chen
Office:growth investment group pasade
MLS#:CRAR25161374
Source:CA_BRIDGEMLS
Price summary
- Price:$980,000
About this home
DOWNLOAD OM in the SUPPLEMENTAL! The 5 residential lots totaling 1.82ACRE are located right behind the 2 triplexes (located at 2408-2410 N Eastern Ave). It offers a rare and prime opportunity for developers to acquire an infill large development site in a mature area. It has a total of 1.82ACRE (79353 SF) lot size with RD5-1D zoning; gently sloping lot. There is an access street from a quiet and cul-de-sac street (THELMA AVE – use 2357 or 2358 Thelma Ave in Google map). Seller has initial architect drawing to build a 15 units master plan Single Family Residential – drawings will be included in the sale. The Sales comparable for older homes in the immediate El Sereno area with small lots (older houses with less than 6000SF lot size) in the past 12 months shows a range of sales price between $800,000 to $1,500,000. The 5 lots are priced to sell at only $12/SF lot. Upon completion of the project, each finished SFR could be worth $1.5million (buyer to verify). Properties are strategically and centrally located on Eastern Ave, several blocks north of Valley Blvd in Alhambra, and several blocks south of Huntington Drive. It enjoys a quiet atmosphere yet close to Alhambra, El Sereno Park and Recreation Center, Ascot Hills Park, and just minutes away from Cal State University Los Ang
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Home facts
- Listing Id #:CRAR25161374
- Added:27 day(s) ago
- Updated:August 15, 2025 at 02:33 PM
Rooms and interior
- Living area:79,353 sq. ft.
Structure and exterior
- Building area:79,353 sq. ft.
- Lot area:1.82 Acres
Finances and disclosures
- Price:$980,000
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