About 5306 Oakland St
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 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.
Features of 5306 Oakland St
MLS® # | 23-322661 |
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Price | $1,395,000 |
Acres | 0.16 |
Type | Lot-Land |
Status | Active |
Community Information
Address | 5306 Oakland St |
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Area | El Sereno |
City | LOS ANGELES |
County | Los Angeles |
State | CA |
Zip Code | 90032 |
Amenities
View | None |
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Is Waterfront | No |
Additional Information
Date Listed | October 17th, 2023 |
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Days on Market | 212 |
Zoning | LARD1.5 |
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Agent | Yohann Bensimon (01966630) |
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Office | Keller Williams Hollywood Hills |