(Seller financing available)-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 points—from both Hicks Avenue and Marengo Street—providing 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 transformation—opportunities like this are few and far between.
138 days
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120
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10
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Zillow last checked:
Listing updated:
Listed by:
ERIK RUIZDRE #01916546323-490-9434,
CENTURY 21 REALTY MASTERS
Source: CRMLS,MLS#: MB26066690Originating MLS: California Regional MLS
Facts & features
Property
Features
Has view: Yes
View description: City Lights, Hills, Mountain(s), Neighborhood
Lot
Size: 0.25 Acres
Features: 0-1 Unit/Acre, Rectangular Lot
Details
Parcel number: 5229017007
Zoning: LCC2VV
Special conditions: Standard
Utilities & green energy
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
Location
Region: Los Angeles
Financial & listing details
Date on market: 3/27/2026
Cumulative days on market: 138 days
Listing terms: Cash,Cash to New Loan,1031 Exchange