355 Lupin Terrace
Los Angeles, CA 90031
0.19 acres | #25513952
Description
PartnersCRE is pleased to present an approved residential development opportunity in Montecito Heights, offering breathtaking views and a prime investment prospect. Located at 351 & 355 Lupin Terrace, this 8,400 SF double lot, zoned LAR1, comes with approved plans for two 2,000 SF three-story single-family homes, each featuring a two-car garage and a city-approved rooftop terrace. Ready-to-Issue (RTI) permits will be provided upon closing, allowing for an immediate start to construction. Montecito Heights, located in Northeast Los Angeles, is known for its scenic hillside charm, historic homes, and access to nature. Situated at the end of a cul-de-sac, this property offers sweeping city vistas of Downtown Los Angeles, creating a rare opportunity for custom-designed hillside homes with unparalleled scenery. The area is home to Ernest E. Debs Regional Park, featuring hiking trails, picnic spots, and the Audubon Center. Montecito Heights maintains a quiet, residential feel while providing quick access to Downtown LA, Hollywood, Pasadena, and key urban hubs via nearby freeways and Gold Line Metro stations, ensuring convenience for future homeowners. With Montecito Heights, Lincoln Heights, and Chinatown experiencing rapid growth and revitalization, this property presents an outstanding investment for developers, builders, and end-users looking to capitalize on Los Angeles' booming housing market.
Property Details
- CountyLos Angeles
- ViewCityLights
- Lot DescriptionSlopedUp
- Property TypePurchase
- Original List Price$550,000
- MLS #25513952
- MLS #25513952
- Acres0.1928
- Cost550000
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Katie Munoz (#CLW-C139561)
Listing Office: Keller Williams Beverly Hills (#CLW-X74054)
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