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5306 Borland rd - 5 units condos development project 0.24 Acres of Residential Land Offered at $482,803 CAD in Los Angeles, CA 90032
INVESTMENT HIGHLIGHTS
- Prime Location near DTLA, Cal State LA, and the San Gabriel Valley
- Excellent Infill Site in a high-demand, well-connected neighborhood
- Proposed Unit Mix: 2 units: 4 bed / 4 bath + loft 3 units: 3 bed / 3 bath + loft
- Combined Lot Size: 10,432 SF (APNs: 5221-006-026 & 5221-006-027)
- Entitlement Expired but potentially renewable
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $482,803 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LARD2 - Restricted Density Multiple Dwelling | ||
| Price | $482,803 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.24 AC |
| Opportunity Zone |
Yes |
| Zoning | LARD2 - Restricted Density Multiple Dwelling |
1 LOT AVAILABLE
Lot 413,414
| Price | $482,803 CAD | Lot Size | 0.24 AC |
| Price Per AC | $2,015,997.15 CAD |
| Price | $482,803 CAD |
| Price Per AC | $2,015,997.15 CAD |
| Lot Size | 0.24 AC |
Prime development opportunity, just minutes from Downtown Los Angeles, Cal State LA, and the San Gabriel Valley. This combined 10,432 SF site (APNs: 5221-006-026 and 5221-006-027) previously secured City-approved Tentative Tract Map for 5-unit condos
DESCRIPTION
Prime development opportunity in the heart of El Sereno, just minutes from Downtown Los Angeles, Cal State LA, and the San Gabriel Valley. This combined 10,432 SF site (APNs: 5221-006-026 and 5221-006-027) previously secured City-approved Vesting Tentative Tract Map entitlements for a 5-unit townhome-style condominium project—featuring 2 units of 4-bedroom, 4-bath + loft and 3 units of 3-bedroom, 3-bath + loft, each with an attached 2-car garage. Although the entitlement has since expired, it may be renewed, offering developers a valuable head start in a high-demand residential market. Ideally located within walking distance to Cal State LA and offering convenient access to major freeways, schools, parks, and public transportation, this infill site sits at the gateway between Northeast Los Angeles and the San Gabriel Valley, presenting an excellent opportunity to deliver much-needed housing in a thriving, well-connected
PROPERTY TAXES
| Parcel Number | 5221-006-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $131,111 CAD | Total Assessment | $131,111 CAD |
PROPERTY TAXES
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5306 Borland rd - 5 units condos development project
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