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4600 Carter Drive $38,039,325

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    4600 Carter Drive Los Angeles, CA 90032

    • 15.97 Acres
    • Land
    • MLS# PW22192381
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    Views: 1 Days On Market: 95

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    Property Details

    OVER 38+ ACRES of raw undeveloped vacant rolling / hillside land within MINUTES of DOWNTOWN L.A. FANTASTIC VIEWS from numerous points on these lands, and which is mostly surrounded by parks, schools, and residential housing. An extremely RARE OPPORTUNITY to develop one of the VERY few EXTREMELY large land parcels available so close to DOWNTOWN LOS ANGELES. A total of 1,656,993 +/- SQ. FT. on TWO (2) adjacent lots APN's #5214-914-001 and 5214-014-002. Great Street access from major routes include Eastern Ave, North Broadway, Huntington Dr., Valley Blvd, Mission Road, Soto St. Alhambra Ave, plus close to several Freeways including #2, #5, #10, #60, #101, #110, #134, and the #710. There are NUMEROUS Area Schools including Huntington Drive Elementary, Glen Alta Elementary, Abraham Lincoln High School, Santa Teresita Elementary, Bravo Medical Magnet School, East College Prep School, Murchison Street Elementary, Woodrow Wilson High School, Cal State, L.A., Multnomah Elementary School, East L.A. College, Esteban Torres High School, Farmdale Elementary, Franklin High School, and others. Local Parks are El Sereno Recreation Area, El Sereno Skate Park, Hazard Recreational Center, Rose Hill Park, Lincoln Park, Ascot Hills Park, Ernest Debs Recreational Park, Lower Flat Top Park, Elephant Hill Open Space, Hermon Park (Arroyo Seco Park) and so forth. Nearby Medical Facilities are rated very well, including Keck Medicine, USC County General Hospital, El Sereno Medical Center, Huntington Health Center, etc. Major Attractions sitting close to this parcels include Griffith Park, Chinatown, Little Tokyo, L.A. Zoo, Dodger Stadium, Rose Bowl, Huntington Library, DOWNTOWN L.A., Hollywood, Greek Theatre, Heritage Square Museum, Elysian Park, plus much more. Neighborhood Services such as Lincoln Park DMV and L.A. County Social Services offices are literally within walking distance. These vacant land parcels offer an Unique opportunity to design and create the ideal project, something incredible that most visionaries can only dream about. Site access is available via 4600 CARTER DRIVE (2 separate locations off Carter Drive), plus several other possible entry points from Okell Drive, Bowman Blvd, Minto Court, Richelieu Terrace, Verdemour Avenue, in addition to other streets, but easements from all above have not been verified.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 0.500 %
      • Community Features Foothills
      • County Or Parish Los Angeles
    • Property Features
      • Lot Size Acres 15.96
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Lot Features Near Public Transit, Park Nearby, Rolling Slope

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    Neighborhood

    90032 (Los Angeles) Demographics

    35 Median Age
    10,015 Population Density (per sq. mile)
    28% College Educated
    $59,723 Estimated Median Income
    7,290 Estimated Total Home Owners
    6,535 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    47,857 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $880,000 Median Sales Price
    16 Homes Sold
    6 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $38,039,325
        9/1/2022 7:47:00 AM New in Database Source: Multiple Listing Service New Value: $38,039,325

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/5/2022 1:01:37 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.