Mount Washington Development
For Sale
$198,000
858 Avenue 37, Los Angeles, CA 90065
Two adjacent vacant parcels for residential development in Northeast LA.
Property SizeContact for details
Days on Market87
Property Features for 858 Avenue 37
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Coldwell Banker Hallmark
(818) 476-3000
Listed By:
Jirair Habeshian
Source:
Elliman
Added: May 15
Changed: Aug 8
Last Checked: Jul 16 at 7:33AM
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 Coldwell Banker Hallmark
Investment Insights
Based on property information with market context.
This exceptional development opportunity is located in the Mount Washington/Northeast Los Angeles area. The property consists of two adjacent downslope vacant parcels being offered together, presenting a chance for builders, developers, investors, or end users to create two modern architectural residences. The location is in one of LA’s dynamic hillside communities, surrounded by newer luxury construction and multimillion-dollar contemporary homes. This property is ideally positioned for high-end residential development with potential canyon, city light, and Downtown Los Angeles views depending on design. The area has seen strong demand for modern hillside product with nearby new construction sales supporting premium values. The lots offer convenient access to Highland Park, Eagle Rock, Glassell Park, Downtown LA, Pasadena, major freeways, restaurants, entertainment, and shopping. The neighborhood continues to experience significant redevelopment and appreciation driven by architectural home demand and limited hillside inventory. The seller has indicated the City has advised that existing overhead power lines crossing the properties may potentially be relocated, presenting an important opportunity for future development flexibility. The location has a bikeScore of 85, making it very bikeable, a walkScore of 76, making it very walkable, and a transitScore of 65, indicating good transit.
Key Highlights
- Exceptional development opportunity: Two adjacent vacant parcels in Mount Washington/Northeast LA.
- High‑end residential development potential: Surrounded by newer luxury homes with potential canyon, city light, and Downtown LA views.
- Located in a rapidly appreciating area with strong luxury resale comparables.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent vacant parcels for residential development in Northeast LA.
Where is this residential land & home lot located?
The property is located at 858 Avenue 37 Los Angeles, CA.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Exceptional development opportunity: Two adjacent vacant parcels in Mount Washington/Northeast LA.; High‑end residential development potential: Surrounded by newer luxury homes with **potential canyon, city light, and Downtown LA views.**; Located in a rapidly appreciating area with strong luxury resale comparables.
