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2846 Eva Terrace

Lincoln Heights, CA 90031
  • $80,000
  • STATUS: Active
  • ON SITE: 115 Days
  • ID#: CV22014303
UPDATED: 32 min ago
$80,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Caleb Hanson of Kw College Park (909-625-8400)


Description

Amazing residential development opportunity in the Lincoln Heights community of Los Angeles with a panoramic view and easy access to downtown Los Angeles, Dodger Stadium, USC, Los Angeles County Hospital, and many shops and restaurants! The sale includes two lots with APNs 5209004027 and 5209004018. The main lot with street frontage is 13,677 square feet, and the second lot is 6,913. Water and power are already onsite, and a sewer mainline is available about 170 feet away along Flora Avenue. A topographic survey and slope analysis have already been completed and are available upon request. Preliminary review shows potential for two single-family homes and an additional dwelling unit (ADU). The larger lot could support a 2,800-SF, 4-bed, 3-bath, single-family home with a 2-car garage and an 858-SF, 2-bed, 2-bath ADU. The smaller lot could support a 2,300-SF, 3-bed, 2-bath, single-family home and 2-car garage. The seller has completed preliminary engineering to create the renderings in the photos, which provide a good sense of what could be done based on normal development standards, but these drawings and the final development potential have not been confirmed by City of Los Angeles. The buyer must perform their own due diligence to confirm the development potential. Sales of nearby, newly-constructed homes suggest a resale value of $1.25M to $1.5M for the larger lot/home with an ADU and a resale value of $1.05M to $1.2M for the smaller lot/home.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T18:29:18.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
www.century21jordanlink.com/homes/125033427
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2846 Eva Terrace Lincoln Heights, CA 90031

  • Price: $80,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 32 min ago
  • ID#: CV22014303
0
Beds
0
Baths
0
½ Baths
0.47
Acres
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
Amazing residential development opportunity in the Lincoln Heights community of Los Angeles with a panoramic view and easy access to downtown Los Angeles, Dodger Stadium, USC, Los Angeles County Hospital, and many shops and restaurants! The sale includes two lots with APNs 5209004027 and 5209004018. The main lot with street frontage is 13,677 square feet, and the second lot is 6,913. Water and power are already onsite, and a sewer mainline is available about 170 feet away along Flora Avenue. A topographic survey and slope analysis have already been completed and are available upon request. Preliminary review shows potential for two single-family homes and an additional dwelling unit (ADU). The larger lot could support a 2,800-SF, 4-bed, 3-bath, single-family home with a 2-car garage and an 858-SF, 2-bed, 2-bath ADU. The smaller lot could support a 2,300-SF, 3-bed, 2-bath, single-family home and 2-car garage. The seller has completed preliminary engineering to create the renderings in the photos, which provide a good sense of what could be done based on normal development standards, but these drawings and the final development potential have not been confirmed by City of Los Angeles. The buyer must perform their own due diligence to confirm the development potential. Sales of nearby, newly-constructed homes suggest a resale value of $1.25M to $1.5M for the larger lot/home with an ADU and a resale value of $1.05M to $1.2M for the smaller lot/home.
Exterior Features

Fencing None Lot Features Flag LotNear Public TransitSteep SlopeSloped Up Road Surface Type Paved Sign On Property YN No Topography Sloping View City LightsPanoramicValley View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Suburban Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableSewer AvailableWater Available Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T18:29:18.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368071504-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368071504-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368071504-1.jpg
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CENTURY 21 Jordan-Link & Co.
2009 West Feemster Avenue
Visalia CA, 93277
Listing Agent(s): Caleb Hanson of Kw College Park (909-625-8400)