Property Detail

5306 Oakland

Los Angeles CA 90032

$1,395,000

Status: Active

Property Details

Description

We are excited to present this RTI development opportunity in El Sereno. Currently on the massive 7,099 SF LARD1.5 lot stands a 3-bedroom 2-bathroom single family home spanning 1,432 SF and a detached 2-car garage just one lot from the corner with alley access. Approved plans call for the demolition of the existing structure to build four new 4-bedroom townhome style units distributed across nearly 10,000 SF of building space. SB8 clearance is on hand verifying that no replacement units are required for the future development. This pocket of El Sereno is the perfect home for multifamily developments as such boasting strong connectivity to major hubs such as the Cal State LA campus, Downtown Los Angeles, Pasadena, and Alhambra.

Map Location

Listing provided courtesy of Yohann Bensimon of Keller Williams Hollywood Hills. Last updated 2024-05-04 08:06:41.000000. Listing information © 2024 CRMLS.

Sandy Copeland

Sandra Copeland

CA DRE# 00679984
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