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$1,349,000

Contemporary and well-maintained two-unit property in the heart of Highland Park offering a rare opportunity for investors, multigenerational living, or owner-users seeking additional income potential. This tenant-occupied duplex features two thoughtfully designed units, with Unit 1 offering 3 bedrooms and 2 bathrooms and Unit 2 featuring 2 bedrooms and 1 bathroom. Both units enjoy private decks with beautiful views of the surrounding hills and neighborhood, creating inviting outdoor spaces to relax and take in the scenery. Situated on a large lot, the property also offers potential for an ADU at the rear, providing an opportunity for future value and additional income potential. Buyer to verify all development possibilities with the appropriate agencies. Interior improvements include newer kitchens and bathrooms, while recent infrastructure upgrades include new sewer lines installed earlier this year, along with an additional cleanout line for convenient future maintenance. Located in one of Northeast Los Angeles’ most sought-after neighborhoods, the property is close to Highland Park’s popular coffee shops, restaurants, boutiques, and vibrant local businesses. Enjoy easy access to York Boulevard and Figueroa Street, nearby parks and hiking trails, as well as convenient connections to Downtown Los Angeles, Pasadena, and major freeways. With its desirable location, flexible two-unit configuration, views, large lot, and potential for future expansion, 5020 Aldama St presents an exceptional opportunity to own an income-producing property in the highly desirable Highland Park community.

5 Beds ⋅ 3 Baths ⋅ SR26194130 MLS ⋅ Active Status

5020 Aldama Street, Los Angeles

$275,000

Incredible value - lowest priced buildable view lot in Highland Park! PRIME HIGHLAND PARK DEVELOPMENT OPPORTUNITY – RESIDENTIAL OR COMMERCIAL USE A rare opportunity to acquire an oversized vacant lotin one of Northeast Los Angeles’ most desirable and rapidly appreciating neighborhoods. Located at 133 S Avenue 64, this property was formerly improved with a residence (demolished in 2016) and is now a true blank canvas ready for development. Perched above the street, the lot captures open neighborhood and hillside views, offering elevation, privacy, and long-term value. The generous parcel size allows flexibility for a custom single-family residence, multiple units, or a commercial or mixed-use concept—subject to buyer vision and city approvals. Zoned LARD1.5, the property may allow increased residential density compared to standard RD zoning. This zoning can potentially support: Multiple apartment units Income-producing or small-lot development Live/work or neighborhood-serving commercial use (Buyer to verify all zoning, density, and use options with the City of Los Angeles.) One of the property’s most compelling features is its unbeatable location—just a two-minute walk to York Boulevard, the heart of Highland Park. Enjoy effortless access to Starbucks, popular cafés, bars, and destination restaurants, then return home to a quiet, elevated setting with views and privacy. This rare combination of walkable city living paired with hillside tranquility is increasingly hard to find. Utilities are nearby, and the property offers excellent connectivity to Pasadena, Downtown Los Angeles, and major freeways, while remaining firmly rooted in a vibrant neighborhood experiencing continued revitalization. Ideal for builders, developers, investors, or end-users, this is a standout land opportunity with real flexibility and upside. Priced to sell, this is a once-in-a-lifetime chance to secure a prime Highland Park parcel offering walkability, views, zoning flexibility, and long-term value. Bring your architect, your contractor, and your imagination opportunities like this do not last.

BB26021661 MLS ⋅ Active Status

133 S Avenue 64, Los Angeles