Marengo,

Home For Sale

Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.

Property Details

MarengoSquare Ft: 29,127Lot Size: 0.67Price: $550,000Zip: 90063
MLS® #: P1-16192Neighborhood: city terrace, East los angelesCommunity: city terrace, East los angelesSchool District: Days on Market: 2Listed By: Roland Castelar, Engel & Voelkers Pasadena

Sales Agent

Beach Cities Real Estate
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Additional Information

  • County:
    Los Angeles
  • Zip:
    90063
  • MLS® #:
    P1-16192
  • Square Ft:
    29,127
  • Lot Size:
    0.67
  • Neighborhood:
    LOS ANGELES (90063)
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Listing information last updated on May 4th, 2024 at 2:15am PDT.