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Key Details
Sold Price $941,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-20989
Sold Date 03/21/25
Property Sub-Type Lots/Land
Type of Financing Cash
Property Type Lots/Land
Property Description
This home was lost in the Eaton Fire and the property is being sold as land only. This large, flat, rectangular parcel is almost 1/2 an acre in a prime location just east of the Lake Ave. business corridor. Public records indicate the main home was built in 1912 and was a 2-story, 2,985 sf. home plus a fully permitted separate 3-car garage and workshop with an additional 1,000 sf. apartment above the garage (also permitted). The lost home was a Craftsman style estate and the river rock and brick wall at the sidewalk is still fully intact. There is also a fabricated stream, a Koi pond and a built-in brick patio/bbq area that remain. There are gorgeous city and downtown LA views. The 12,829 sf. lot directly next door at 1004 E. Mariposa is also for sale simultaneously. Both lots together would make a wonderful investment/development opportunity. Buyer to do their own due diligence and investigations with LA County as to zoning, permitting, and any future building requirements. Buyer shall purchase the property in AS-IS condition using the VLPA form. All utilities were available before the fire. Seller has opted into phase 2 of the debris removal. Drive by only. DO NOT walk on the Property under any circumstances. Seller has no architectural plans, permits, entitlements, surveys, or other pre-construction documentation.
Location
State CA
County Los Angeles
Direction North on Lake, make a right on Mariposa.
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Mega-Lux Realty, Inc,
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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