972 Rockdale Ave Avenue, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

972 Rockdale Ave Avenue, Los Angeles, California 90042 home-pic-0
ACTIVE$1,299,000
972 Rockdale Ave Avenue, Los Angeles, California 90042
0Bed
0Bath
Sqft
6,608Lot
Year Built
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
225005057
Home ConditionTear down
Features
Excellent View:
View

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(58th), sqft - 0(1th), beds - undefined(1th), baths - undefined(1th).

972 Rockdale Avenue in the Eagle Rock Hills presents an exceptional development opportunity in one of the most desirable neighborhoods in Los Angeles. This offering includes three adjacent parcels at 972, 978, and 982 Rockdale Avenue, with APNs 5481009011, 5481009012, and 5481009013, totaling approximately 18,000 square feet of land. All three parcels are being sold together and come with preliminary plans for three modern view homes, giving a builder or investor a head start on the development process. The lots are zoned LAR1 and benefit from expansive views of the city, mountains, and surrounding canyon, making them ideal for creating residences that maximize natural light and outdoor living. Eagle Rock is a vibrant community known for its creative spirit, strong neighborhood character, and excellent schools, including Eagle Rock High School and Luther Burbank Middle School. With its elevated setting, rare parcel size, and included plans, this property represents a unique chance to build in a highly sought-after location where demand for well-designed modern homes continues to grow.

Price History

Date
Event
Price
10/07/25
Listing
$1,299,000
Condition Rating
Tear down

The MLS listing explicitly states this is a 'development opportunity' consisting of three adjacent vacant parcels of land, with preliminary plans for new construction. There is no existing residential structure on the property to assess for condition, kitchen, or bathroom features. The property is unlivable in its current state and requires complete construction to become a residence, meaning its value is solely based on the land and its potential for redevelopment, which aligns with the 'tear-down' criteria.
Pros & Cons

Pros

Exceptional Development Opportunity: This offering presents a rare and exceptional development opportunity in a highly sought-after Los Angeles neighborhood, ideal for builders or investors.
Large Combined Land Size: Comprising three adjacent parcels totaling approximately 18,000 square feet, the property offers a substantial footprint for multiple high-value residences.
Included Preliminary Plans: The inclusion of preliminary plans for three modern view homes provides a significant head start, streamlining the initial development phase and reducing upfront planning costs.
Desirable Eagle Rock Location: Situated in Eagle Rock, a vibrant community known for its strong character, excellent schools, and growing demand for modern homes, enhancing future property values.
Expansive Views: The elevated setting offers expansive views of the city, mountains, and surrounding canyon, a premium amenity that will significantly enhance the appeal and value of future homes.

Cons

Significant Development Costs & Time: The listed price is for the land only; substantial additional investment, time, and resources will be required for construction, permitting, and project management to realize the full potential.
No Immediate Income Generation: As raw land, the property does not offer immediate rental income or occupancy, requiring a long-term investment horizon before generating returns.
Potential Site-Specific Challenges: Raw land development can encounter unforeseen challenges such as grading requirements, utility connection complexities, or environmental assessments, which could impact budget and timeline.

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