2418 N Eastern Avenue
Los Angeles, CA 90032
- 3 beds
- 3 baths
- 1,868 sqft
- ~3/4 acre lot
- $535 per sqft
- 1947 build
- – on site
We are pleased to exclusively present for sale of the two parcels of land that are located in an area with zoning RD-5 for residential and multi-family developments. This property (2418 N Eastern) is one of the two parcels that are separately owned by individuals who have agreed to combine their properties for the purpose of jointly undertaking a residential development project in the past. There are plans for this project to be redeveloped with 8 units of single-family units (RD-5 zoning), although it may be possible to build as many as 12 units for both parcels (buyer to check with city). The project now is ready for a new investor/developer to take over to continue with residential developments. -Property # 1: APN 5216-007-004 (2418 N Eastern Ave, Los Angeles) (34,600 SF) -Property #2: APN 5216-007-005 (2412 N Eastern Ave, Los Angeles) (34,600 SF) The subject property is a rare opportunity for the developers to build their dream residential projects that is located only 20 minutes driving from Downtown Los Angeles and five minutes driving to California State University, Los Angeles. Don’t miss this land development opportunity.
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Last updated May 2, 2024
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MLS# CROC23220253 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$1,000,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,354
|
| Taxes | N/A |
| Insurance | $275 |
| Utilities | $150 See report |
| Total | $5,779/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/19/24
Feb 19, 2024
|
Listed / Active | BRIDGE | ||
|
12/3/23
Dec 3, 2023
|
Relisted | BRIDGE | $1,000,000 | |
|
9/5/19
Sep 5, 2019
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Pending | DAMLS |
61% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $111k above asking price on average, but some went as high as $402k over asking price.