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$220,000
Est. payment /mo
5,742 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26155113
Lot Size 5,742 Sqft
Property Sub-Type Lots/Land
Type of Financing Cash
Property Type Lots/Land
Property Description
4866 E Granada St presents an attractive vacant residential infill opportunity in the hillside community of Highland Park / Northeast Los Angeles. The property consists of an approximately 5,739.9 sq. ft. lot zoned R1-1-HCR, with a Low Residential General Plan land use designation. The parcel is located within the Mount WashingtonGlassell Park Specific Plan and the Northeast Los Angeles Hillside Construction Regulation District, making it best suited for a carefully designed hillside single-family residence. The lot is surrounded by established residential development and fronts Granada St, offering an investor the potential to create a custom hillside home in a desirable Los Angeles neighborhood. The site is currently identified by the Assessor as vacant residential land, with no existing building data shown, which may provide a clean redevelopment canvas subject to City review and utility confirmation. From a feasibility standpoint, the property benefits from being outside a mapped flood zone, with no mapped landslide, liquefaction, methane hazard, watercourse, stream, oil well adjacency, or Alquist-Priolo Fault Zone designation shown in the ZIMAS report. However, the lot is located in a Hillside Area, a Special Grading Area, and a Very High Fire Hazard Severity Zone, so future development should anticipate hillside design, grading, fire access, drainage, geotechnical, and utility due diligence. For investors, this property should be viewed as a value-add hillside development opportunity rather than a simple flat-lot build. The likely highest and best use is a new custom
Location
State CA
County Los Angeles
Direction Off Granada Street and N Avenue 49
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5471020009
Acceptable Financing Cash
Listing Terms Cash
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Listed by Denis Quinonez Deleon, DRE#01969172 Century 21 Real Estate Alliance
Nearby School & Business
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