Situated on a beautiful tree-lined street in one of Highland Park's most desirable pockets, this 8,400 SF lot (approx. 60' x 140') is a rare development site with RD1.5 zoning. The property currently features two existing residential units, offering immediate income potential while you plan your project. Zoning and lot configuration offer a range of paths to redevelopment, including construction of multiple by-right units in the large rear yard, addition of ADUs, or a larger ground-up housing development. Centrally located near vibrant York Blvd and Figueroa Street corridors, the property enjoys easy access to shops, cafes, schools, and major freeways. This is an ideal site for investors, developers, or owner-users looking to capitalize on Highland Park's strong demand for quality housing and continued neighborhood growth.
For sale
$999,000
5612 Monterey Rd, Los Angeles, CA 90042
3beds
2baths
1,348sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$856,900 Zestimate®
$741/sqft
$-- HOA
What's special
Beautiful tree-lined street
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