$349,000

Prime development opportunity in the heart of El Sereno, just minutes from Downtown Los Angeles, Cal State LA, and the San Gabriel Valley. This combined 10,432 SF site (APNs: 5221-006-026 and 5221-006-027) previously secured City-approved Vesting Tentative Tract Map entitlements for a 5-unit townhome-style condominium project—featuring 2 units of 4-bedroom, 4-bath + loft and 3 units of 3-bedroom, 3-bath + loft, each with an attached 2-car garage. Although the entitlement has since expired, it may be renewed, offering developers a valuable head start in a high-demand residential market. Ideally located within walking distance to Cal State LA and offering convenient access to major freeways, schools, parks, and public transportation, this infill site sits at the gateway between Northeast Los Angeles and the San Gabriel Valley, presenting an excellent opportunity to deliver much-needed housing in a thriving, well-connected