355 Lupin Terrace, Los Angeles, CA 90031 - Berkshire Hathaway HomeServices California Properties

355 Lupin Terrace, Los Angeles, CA 90031

$550,000 Approx. USD 0 beds, 0 baths

Listing Agent


Katie Munoz | katiemunoz@kw.com
Lic#: 02146905
Broker: Courtesy of Keller Williams Beverly Hills

Co Listing Agent


Jordan Petito | jordan@petitocre.com
Lic#: 02023714
Broker: Courtesy of Keller Williams Beverly Hills

Agent Remarks

PartnersCRE is pleased to present an approved residential development opportunity in Montecito Heights, offering breathtaking views and a prime investment prospect. Located at 351 & 355 Lupin Terrace, this 8,400 SF double lot, zoned LAR1, comes with approved plans for two 2,000 SF three-story single-family homes, each featuring a two-car garage and a city-approved rooftop terrace. Ready-to-Issue (RTI) permits will be provided upon closing, allowing for an immediate start to construction. Montecito Heights, located in Northeast Los Angeles, is known for its scenic hillside charm, historic homes, and access to nature. Situated at the end of a cul-de-sac, this property offers sweeping city vistas of Downtown Los Angeles, creating a rare opportunity for custom-designed hillside homes with unparalleled scenery. The area is home to Ernest E. Debs Regional Park, featuring hiking trails, picnic spots, and the Audubon Center. Montecito Heights maintains a quiet, residential feel while providing quick access to Downtown LA, Hollywood, Pasadena, and key urban hubs via nearby freeways and Gold Line Metro stations, ensuring convenience for future homeowners. With Montecito Heights, Lincoln Heights, and Chinatown experiencing rapid growth and revitalization, this property presents an outstanding investment for developers, builders, and end-users looking to capitalize on Los Angeles' booming housing market.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25513952
Price: $550,000
Beds: 0
Baths: 0
0.19 acres
Lot size: 0.1928
County: Los Angeles
Zoning: LAR1
Lot description: Sloped Up
MLS area: 679 - Montecito Heights

Last Updated: 4/3/2025

 Days On Market (DOM): 47

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This listing belongs to the 679 - Montecito Heights MLS area

Lat/Long: 34.085336, -118.207731.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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