714-745-2708

0 Thelma Ave, Los Angeles, CA 90032

$400,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Chit Yip | byiprealtor@yahoo.com
Lic#: 01885125
Broker: Courtesy of Coldwell Banker Realty
Phone: (626) 636-7557

Agent Remarks

Major price reduction! Don't miss this incredible investment opportunity to purchase two detached triplexes totaling approximately 14,487 SF ( listed separately under MLS# P1-27820 Parcel# 5216-007-006 & 007 ) together with five adjacent vacant land parcels comprising approximately 2.15 acres. All are offered together as one package for $ 2,000,000! Of the total purchase price $400,000 is allocated to the five vacant land parcels. Situated in a prime El Sereno location near Alhambra with LARD5 zoning, offered at an exceptionally attractive price with tremendous future development potential. Conveniently located near Valley Blvd and just minutes from California State University, LA with easy access to DTLA, Highland Park, South Pasadena, and the 10, 710 freeways. Established neighborhood with utilities available from adjacent properties. These properties offer convenient access, scenic surroundings and excellent potential for future residential development. LARD5 zoning may offer potential for apartments, townhomes, condominiums or other residential development opportunities. All five lots are adjacent to each other. APN # 5216-007-010 & 5216-007-022 & 5216-007-017 located on 0 N. Thelma Ave, APN# 5216-007-011 and APN # 5216-007-012 located on North Eastern Ave Los Angeles, CA 90032 are including in the listing price. Seller is motivated. Buyers to conduct their own due diligence regarding all aspects of the properties. Seller is performing a 1031 exchange. Buyer to cooperate at no additional cost or liability to buyer. Price to sell!

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# P1-27046

List price is $400,000 Reduced by $350,000 on 7/7/2026

Price: $400,000

HOA Fee is $0.00

Beds: 0

Baths: 0

1.82 acres

Lot size: 1.8217

Subdivision: Other

County: Los Angeles

Zoning: LARD5

Lot description: Sprinklers None

MLS area: 621 - El Sereno

Last Updated: 7/7/2026

Days On Market (DOM): 141

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This listing belongs to the 621 - El Sereno MLS area

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Lat/Long: 34.073247, -118.179317.
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