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$750,000
Est. payment /mo
4,016 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26028005
HOA Y/N No
Lot Size 4,016 Sqft
Property Description
A rare opportunity to acquire ready-to-build residential lots in Montecito Hills / El Sereno (90032). These five (5) RTI lots, each ~4,000 sq ft, come with approved plans for 1,500 sq ft, 3-bedroom, 3-bath modern contemporary homes with hillside views. The homes are thoughtfully designed to appeal to families, professionals, and first-time luxury buyers seeking modern product under the $2M price point in a supply-constrained Los Angeles infill market. Lots may be acquired individually or as a bulk portfolio, offering flexibility for end-users, custom builders, or residential developers. Price listed in MLS is for each lot.
Key Highlights:
**Shovel-ready RTI status – permits and plans approved, ready for immediate construction.
**Unobstructed hillside views
**Prime location – **Located within half a mile a 32-acre site is now rezoned and primed for a residential project.
**Strong market appeal – homes under $2M, low-inventory submarket .
**Flexible acquisition – lots may be purchased individually or as a portfolio .
Key Highlights:
**Shovel-ready RTI status – permits and plans approved, ready for immediate construction.
**Unobstructed hillside views
**Prime location – **Located within half a mile a 32-acre site is now rezoned and primed for a residential project.
**Strong market appeal – homes under $2M, low-inventory submarket .
**Flexible acquisition – lots may be purchased individually or as a portfolio .
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning [Q]R1-1D-HCR
Interior
Fireplace No
Exterior
Community Features Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available
View Y/N Yes
View City Lights, Valley
Building
Lot Description 6-10 Units/Acre, Gentle Sloping
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5209013035
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Butchi Reddy Yalamuri YALA REALTY & ASSOCIATES 949-522-1103, DRE #02012703
NEARBY SCHOOL & BUSINESS
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