A rare opportunity to acquire ready-to-build residential lots in Montecito Hills / El Sereno (90032). These five (5) RTI lots, each ~4,000 sq ft, come with approved plans for 1,500 sq ft, 3-bedroom, 3-bath modern contemporary homes with hillside views. The homes are thoughtfully designed to appeal to families, professionals, and first-time luxury buyers seeking modern product under the $2M price point in a supply-constrained Los Angeles infill market. Lots may be acquired individually or as a bulk portfolio, offering flexibility for end-users, custom builders, or residential developers. Price listed in MLS is for each lot. Key Highlights: **Shovel-ready RTI status - permits and plans approved, ready for immediate construction. **Unobstructed hillside views **Prime location - 6 miles to Downtown LA, 2 miles to USC Medical Center, 4 miles to Dodger Stadium . **Located within half a mile a 32-acre site is now rezoned and primed for a residential project. **Strong market appeal - homes under $2M, low-inventory submarket . **Flexible acquisition - lots may be purchased individually or as a portfolio .
| MLS # | OC26028005 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 204 |
| Listing Provided By | YALA REALTY & ASSOCIATES | Butchi Reddy Yalamuri |
| Zoning | [Q]R1-1D-HCR |
|---|---|
| Acreage | 0.09 |
| Property View | Yes |
| Lot Features | Six To Ten Units Acre, Gentle Sloping |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $750,000 low | high Med: $1,049,000 On site: 204 low | high Med: 374 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $750,000 low | high Med: $1,049,000 On site: 204 low | high Med: 374 | |