1577 N Herbert, East Los Angeles, CA 90063 - Photo 1

1/1

$285,000

Sold
Closed
Lots/Land
0.2913 Acres

1/1

Property Description

Two lots together are over 12,000 sqft and are located not just in the heart of Los Angeles but also right on a paved city street. This quality beats most vacant lots in the same area and provides ready-to-connect utilities. 1577 N Herbert Ave is located in the Los Angeles County 2-family residential zoning (R2), which not only provides the minimum of 2 residential houses with 2 ADUs on one lot. Combining two lots and taking county housing shortage incentive for developers is an excellent opportunity to bring maximum profit to the right builder. The sale includes two APNs: 5224-023-022 and 5224-023-023.

Full Property Details

Full Property Details for 1577 N Herbert

General

Sold For: $285,000
Status: Closed
Type: Lots/Land
Source: MRMLS
MLS ID: SB24137420
Added to Site: 600 day(s) ago

Location

Area: ELA - East Los Angeles
County: Los Angeles
Development Name: ELA - East Los Angeles
Driving Directions: From 10 fwy, left on City TerraceDr, right on Herbert Ave
Dist. to Beach: 13ft (Miles)

Utilities

Sewer: Public Sewer
Water: Public
Dist. to Water: 13ft
Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Lot Features

Property View: City Lights
Lot Size (Acres): 0.2913
Lot Size (Sq. Ft.): 12,687
Lot Size Source: Assessor
Lot Dimensions: see remark
Topography: Hilly
Elevation (Approx.): 390
Present Use: See Remarks
Potential Use: Multi-Family, Residential
Zoning: LCR2
Lot Description: Park, Sidewalks, Street Lights, Urban
Fencing (Description): Wire

Financial Considerations

Price Per Sq. Ft.: $22.46

Disclosures and Reports

Surveyed: Survey Done

Listed and Sold by Equity Union, Emily Lin

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Listing agent

— 1577 N Herbert —

Emily Lin

Equity Union

310-751-4137

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Schools

Schools serving 1577 N Herbert

School District:Los Angeles Unified School District

Name	Grades	Distance
Harrison Street Elementary School 3529 City Terrace Drive, Los Angeles, CA 90063	K-6	0.4 mi
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032	6-8	1.5 mi
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032	9-12	0.7 mi
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1577 N Herbert

Date

Details

Price

Change

Source

8/06/2024

Sold

$285,000

-4.36%

MLS

7/05/2024

Listed

$298,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1577 N Herbert, East Los Angeles, CA 90063 (MLS# SB24137420) is a Lots/Land property that was sold at $285,000 on August 06, 2024. Want to learn more about 1577 N Herbert? Do you have questions about finding other Lots/Land real estate for sale in East Los Angeles? You can browse all East Los Angeles real estate or contact a Coldwell Banker agent to request more information.

1577 N Herbert East Los Angeles, CA 90063