2408 2410 N Eastern Ave Los Angeles, CA 90032
El Sereno NeighborhoodEstimated payment $6,408/month
Highlights
- City Lights View
- 1.82 Acre Lot
- No HOA
- Abraham Lincoln High School Rated A
- Property is near a park
- 4-minute walk to El Sereno Recreation Center
About This Lot
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The 5 residential lots totaling 1.82ACRE are located right behind the 2 triplexes (located at 2408-2410 N Eastern Ave). It offers a rare and prime opportunity for developers to acquire an infill large development site in a mature area. It has a total of 1.82ACRE (79353 SF) lot size with RD5-1D zoning; gently sloping lot. There is an access street from a quiet and cul-de-sac street (THELMA AVE – use 2357 or 2358 Thelma Ave in Google map).
Seller has initial architect drawing to build a 15 units master plan Single Family Residential – drawings will be included in the sale. The Sales comparable for older homes in the immediate El Sereno area with small lots (older houses with less than 6000SF lot size) in the past 12 months shows a range of sales price between $800,000 to $1,500,000. The 5 lots are priced to sell at only $12/SF lot. Upon completion of the project, each finished SFR could be worth $1.5million (buyer to verify).
Properties are strategically and centrally located on Eastern Ave, several blocks north of Valley Blvd in Alhambra, and several blocks south of Huntington Drive. It enjoys a quiet atmosphere yet close to Alhambra, El Sereno Park and Recreation Center, Ascot Hills Park, and just minutes away from Cal State University Los Angeles. Commuting to Downtown Los Angeles is a breeze with easy access to FWY 10.
El Sereno, nestled in Northeast Los Angeles, is a vibrant, historic neighborhood known for its rich cultural diversity and strong sense of community. One of the oldest areas in the city, dating back to 1769, it was once home to the Tongva village of Otsungna and later became a hub for Mexican-American and Italian-American families after restrictive covenants were lifted in 1948. The neighborhood offers a dense suburban feel with a mix of modest single-family homes and small apartment buildings, many built between 1940 and 1969, set against scenic hillsides with stunning views of the San Gabriel Mountains and Downtown LA.
Listing Agent
Growth Investment Group Pasade Brokerage Email: han.chen@growthinvestmentgroup.com License #01749321 Listed on: 07/17/2025
Property Details
Property Type
- Land
Lot Details
- 1.82 Acre Lot
- Irregular Lot
- Gentle Sloping Lot
- 5216-007-011, 012, 017, 022
- Value in Land
- Property is zoned LARD5
Property Views
- City Lights Views
Location
- Property is near a park
- Property is near public transit
- Suburban Location
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 5216007010
- $45 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $980,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25161374
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Based on information from California Regional Multiple Listing Service, Inc. 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
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