2.154 Acre Redevelopment
For Sale
Contact for pricing
2408-2410 N Eastern Avenue, Los Angeles, CA 90032
2.154 acre redevelopment site with two triplexes included.
Property SizeContact for details
Lot Size2.15 Acres
Days on Market197
Property Features for 2408-2410 N Eastern Avenue
General Information
Standard status
Active
Lot size
2.15 Acres
Property subtype
Multifamily
Zoning
LARD5
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Jan 24
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
Investment Insights
Based on property information with market context.
This 2.154-acre redevelopment site features two triplexes and a 1.82-acre lot. Located in El Sereno, the property is several blocks from Valley Blvd Alhambra, with an easy commute to Downtown Los Angeles. The combined portfolio includes seven lots: 2408 N Eastern, 2410 N Eastern, and five residential development lots totaling 1.82 acres. The properties have been under the same family ownership for more than 11 years. The location borders Alhambra and is adjacent to the Hillside Village neighborhood. El Sereno Park & Recreation Center, Ascot Hills Park, and Cal State University Los Angeles are within minutes of the property. Downtown Los Angeles is easily accessible via Huntington Drive or FWY 10. The area has good demographics with $101,398 AHH Income within a 1-mile radius. The five residential lots, totaling 1.82 acres (79353 SF), are located behind the two triplexes. The RD5-1D zoning and gently sloping lot offer a rare opportunity for developers to acquire a large infill development site in a mature area. Access is available from Thelma Ave, a quiet cul-de-sac street (use 2357 or 2358 Thelma Ave in Google map).
Key Highlights
- 2.154 Acre Redevelopment Site: Large portfolio of 7 lots perfect for residential redevelopment.
- Prime Location: Strategically located in El Sereno, bordering Alhambra, with easy access to Downtown Los Angeles.
- High Income Demographics: Located in an area with a $101,398 average household income within a 1‑mile radius.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.154 acre redevelopment site with two triplexes included.
Where is this residential land & home lot located?
The property is located at 2408-2410 N Eastern Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 2.154 Acre Redevelopment Site: Large portfolio of 7 lots perfect for residential redevelopment.; Prime Location: Strategically located in El Sereno, bordering Alhambra, with easy access to Downtown Los Angeles.; High Income Demographics: Located in an area with a $101,398 average household income within a 1‑mile radius.
