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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$130,000

Est. payment - /mo

0.25 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26066690

HOA Y/N No

Lot Size 0.253 Acres

Property Description

*Seller will carry*-Nestled in the vibrant and rapidly evolving neighborhood of City Terrace, this expansive 11,000 square foot lot presents a rare development opportunity with breathtaking panoramic views of Downtown Los Angeles. The property's unique layout offers dual access points—from both Hicks Avenue and Marengo Street—providing exceptional flexibility for design, construction, and future use.

With its generous size and strategic location, this lot is brimming with potential. Whether you envision a collection of modern homes or a custom estate, the possibilities are vast. Preliminary discussions suggest you may be able to build more than four residences here (buyer to verify with the city). Enjoy the best of Southern California living with stunning cityscape vistas and the convenience of a central Eastside location, just minutes from the Arts District, major freeways, and all that Downtown LA has to offer.

Don't miss this chance to be part of City Terrace's exciting transformation—opportunities like this are few and far between.

Location

State CA

County Los Angeles

Area Cter - City Terrace

Zoning LCC2VV

Interior

Fireplace No

Exterior

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View City Lights, Hills, Mountain(s), Neighborhood

Building

Lot Description 0-1 Unit/Acre, Rectangular Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 5229017007

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by ERIK RUIZ CENTURY 21 REALTY MASTERS 323-490-9434, DRE #01916546

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

3232 Marengo City Terrace, CA 90063

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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