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 .
175 days
|
24
|
1
|
Zillow last checked:
Listing updated:
Listed by:
Butchi Reddy YalamuriDRE #02012703949-522-1103,
YALA REALTY & ASSOCIATES
Source: CRMLS,MLS#: OC26028005Originating MLS: California Regional MLS
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.