A rare assemblage of five, contiguous lots for a developer to potentially build five single family residences. Located in the hillside community of El Sereno, this sub-market is enjoying a renaissance similar to Silver Lake/Echo Park with home values climbing significantly each year as new retail emerges here and in the adjacent Highland Park community which has garnered national press for the variety of new cafes, pubs, boutiques, etc. The site is also a short drive to South Pasadena which has Bristol Farms, Trader Joe's and more. New construction hillside homes in El Sereno are selling in the range of $800,000-$1,000,000+ range. Site has hillside community/mountain views. Close to USC Medical Center and an easy drive to Downtown LA.
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Listing Courtesy ofCompass