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4866 E Granada Street, Los Angeles, CA 90042

$220,000
  • 4866 E Granada Street, Los Angeles, CA 90042 Main Photo

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New to the Market Active
LOT SIZE 0.132 acres MLS#SR26155113
STATUSActive PROPERTY TYPELand - Residential

Listing Courtesy of: Century 21 Real Estate Alliance
Agency Phone: 805-823-8800
Associate Name: Denis Quinonez Deleon
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

4866 E Granada St presents an attractive vacant residential infill opportunity in the hillside community of Highland Park / Northeast Los Angeles. The property consists of an approximately 5,739.9 sq. ft. lot zoned R1-1-HCR, with a Low Residential General Plan land use designation. The parcel is located within the Mount Washington?Glassell Park Specific Plan and the Northeast Los Angeles Hillside Construction Regulation District, making it best suited for a carefully designed hillside single-family residence. The lot is surrounded by established residential development and fronts Granada St, offering an investor the potential to create a custom hillside home in a desirable Los Angeles neighborhood. The site is currently identified by the Assessor as vacant residential land, with no existing building data shown, which may provide a clean redevelopment canvas subject to City review and utility confirmation. From a feasibility standpoint, the property benefits from being outside a mapped flood zone, with no mapped landslide, liquefaction, methane hazard, watercourse, stream, oil well adjacency, or Alquist-Priolo Fault Zone designation shown in the ZIMAS report. However, the lot is located in a Hillside Area, a Special Grading Area, and a Very High Fire Hazard Severity Zone, so future development should anticipate hillside design, grading, fire access, drainage, geotechnical, and utility due diligence. For investors, this property should be viewed as a value-add hillside development opportunity rather than a simple flat-lot build. The likely highest and best use is a new custom single-family residence, potentially in the ±1,800?2,400 sq. ft. range depending on survey, slope analysis, grading limits, street access, fire-flow availability, and Specific Plan review. The propertys location, zoning, and vacant status make it a compelling acquisition candidate, but underwriting should include contingencies for survey/topography, utility availability, sewer connection feasibility, fire-flow confirmation, and geotechnical review.

4866 E Granada Street | MLS# SR26155113

This land located at 4866 E Granada Street, Los Angeles, CA 90042 is currently listed for sale with an asking price of $220,000. The property has approximately 0.13 Acres. Search Los Angeles real estate on www.farrellsmyth.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.13 Acres

Feature Descriptions

Community Features: Urban
Days on Site: 1
Lot: 0-1 Unit/Acre
Parcel#: 5471020009
Utilities: Water Not Available
Water: None

Listed By / Shown By

Listed By

Agency Name: Century 21 Real Estate Alliance
Agent Name: Denis Quinonez Deleon
Agency Phone: 805-823-8800

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimated Payment

$ 553.79 per month $489.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $64.17 Homeowner's Insurance

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