$550,000

Attention builders and investors, this property with development potential offers a rare opportunity to build three residential units with professionally prepared plans. Whether you're looking to develop and hold or create income-generating rentals, this site is ready for your vision. Located near Whittier Boulevard with easy access to the 60 and 710 freeways, the home is just minutes from Citadel Outlets, Belvedere Park, East LA College, neighborhood schools, and a variety of grocery stores, cafés, and transit options. Positioned near the borders of City Terrace and Boyle Heights, and only a short drive from DTLA. This property is zoned R-2. According to the assessor’s profile, the existing building offers 1,232 sq.ft. of living area. Rear alley access and a long driveway provide generous parking and site flexibility. The flat deep lot is designed for two detached two-story homes in the front and one detached single-story ADU in the rear, total proposed living area: Approx. 3,818 sq.ft. (per plans) Under new regulations, up to four units may be permitted. Buyer to verify all zoning, permits, and development potential with the appropriate city departments.