*Seller will carry*-Nestled in the vibrant and rapidly evolving neighborhood of City Terrace, this expansive 11,000 square foot lot presents a rare development opportunity with breathtaking panoramic views of Downtown Los Angeles. The property’s unique layout offers dual access pointsfrom both Hicks Avenue and Marengo Streetproviding exceptional flexibility for design, construction, and future use. With its generous size and strategic location, this lot is brimming with potential. Whether you envision a collection of modern homes or a custom estate, the possibilities are vast. Preliminary discussions suggest you may be able to build more than four residences here (buyer to verify with the city). Enjoy the best of Southern California living with stunning cityscape vistas and the convenience of a central Eastside location, just minutes from the Arts District, major freeways, and all that Downtown LA has to offer. Don’t miss this chance to be part of City Terrace’s exciting transformationopportunities like this are few and far between.
| MLS # | MB26066690 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 167 |
| Listing Provided By | CENTURY 21 REALTY MASTERS | ERIK RUIZ |
| Zoning | LCC2VV |
|---|---|
| Acreage | 0.25 |
| Property View | Yes |
| Lot Features | Zero To One Unit Acre, Rectangular Lot |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|
| Community Features | Curbs, Gutters, Storm Drains, Street Lights, Sidewalks, Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | City Terrace |
| Zip Code | 90063 |
| Area | CTER City Terrace |
| Listing VS Median (in 90063) | |
Price: $130,000 low | high Med: $949,950 On site: 167 low | high Med: 80 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | City Terrace |
| Zip Code | 90063 |
| Area | CTER City Terrace |
| Listing VS Median (in 90063) | |
Price: $130,000 low | high Med: $949,950 On site: 167 low | high Med: 80 | |
![]() | $499,0000 MarengoLos Angeles, CA 90063 |