4343 Stillwell Ave Los Angeles, CA 90032
This exceptional 2-acre lot in Los Angeles' desirable El Sereno neighborhood presents a remarkable residential development opportunity. Zoned R-1, it boasts approved preliminary maps for subdivision into multiple lots, significantly reducing development timelines and costs. Many associated fees have already been paid, streamlining the process. The property offers spectacular views of Los Angeles and its surroundings. City utilities are readily available at the street. Its convenient location near major transportation routes provides easy access to downtown Los Angeles and other key areas. The vibrant El Sereno community offers excellent schools, parks, and local amenities, creating a highly desirable residential setting. This is a rare chance to capitalize on years of invested planning and approvals, creating a thriving residential community in a prime Los Angeles location. The asking price is $1,250,000, and the APN is 5309-006-009. This property is situated at 4343 Stillwell Ave, Los Angeles, CA 90032.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.