858 Avenue 37,Los Angeles, CA 90065
Los Angeles, CA 90065
Description
Exceptional development opportunity in the highly sought-after Mount Washington / Northeast Los Angeles area. 858 & 860 W Avenue 37 are adjacent downslope vacant parcels being offered together, presenting a rare chance for builders, developers, investors, or end users to create two modern architectural residences in one of LA's most dynamic hillside communities. Surrounded by newer luxury construction and multimillion-dollar contemporary homes, this property is ideally positioned for high-end residential development with potential canyon, city light, and Downtown Los Angeles views depending on design. The area has seen strong demand for modern hillside product with nearby new construction sales supporting premium values. The lots offer convenient access to Highland Park, Eagle Rock, Glassell Park, Downtown LA, Pasadena, major freeways, restaurants, entertainment, and shopping. The neighborhood continues to experience significant redevelopment and appreciation driven by architectural home demand and limited hillside inventory. Property to be sold with adjacent lot APN #5454-019-042. Seller has indicated the City has advised that existing overhead power lines crossing the properties may potentially be relocated, presenting an important opportunity for future development flexibility. Buyers are advised to independently verify all information, zoning, utility relocation feasibility, development potential, hillside regulations, buildability, grading requirements, permits, lot dimensions, and all matters with the City of Los Angeles and appropriate professionals. An outstanding opportunity to acquire and develop side-by-side hillside parcels in a rapidly appreciating Northeast LA location with strong luxury resale comparables nearby.
Details
| MLS # | GD26105441 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 181 |
| Listing Provided By | Coldwell Banker Hallmark | Jirair Habeshian |
Features
| Zoning | LARE20 |
|---|---|
| Acreage | 0.14 |
| Property View | Yes |
Exterior
| Lot Features | Sloped Down |
|---|
Location
| Community Features | Foothills |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90065 |
| Area | 680 Mount Washington |
| Listing VS Median (in 90065) | |
Price: $198,000 low | high Med: $997,000 On site: 181 low | high Med: 48 | |
Market Activity 90065
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90065 |
| Area | 680 Mount Washington |
| Listing VS Median (in 90065) | |
Price: $198,000 low | high Med: $997,000 On site: 181 low | high Med: 48 | |
