Paradise Hill Land
31.95 Acres of Residential Land Offered at $7,999,000 USD in Los Angeles, CA 90032
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $7,999,000
- Property Type
-
Land
Listing Contacts
Matthew C. Sullivan
Verified Profile
- Property Info
Property Overview
2929 Amethyst Street, also known as Paradise Hill, is a +/-31 acre site in the Lincoln Heights neighborhood of Northeast Los Angeles. The site is located along a prominent hill along Amethyst Street. Paradise Hill sits above the neighborhoods of Rose Hills, Happy Valley, El Sereno, and Lincoln Heights. The location offers expansive views, from Downtown Los Angeles to Glendale to Pasadena. Depending on development negotiations with the city and community, the property offers options from multi-family developments to natural parks with hiking and biking trails. There are also four (4) additional parcels just west of the main parcel, bringing the total acreage to 31.95 acres. The boundaries for the local area are the 110 Freeway to the north, Golden State (5) Freeway to the west, North Eastern Avenue to the east, and the 1-10 Freeway to the south.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- 1,391,517 SF of Land ( 31.95 acres)
- Ideally Situated In Northeast Los Angeles
- There are Excellent Views from this Lot
- Parcel Provides Nearby Access To the 5, 10 & 110 Freeways
- Property Is On The Path Of The Proposed Black Walnut Trail, From Ascot Park To Elyria Canyon Park
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