Friday, October 21, 2016

Eastside Property: Will Elysian Heights Estates find a buyer & builder?

Rendering from Hoffman Land

Signs of a reviving real estate market find some property owners looking to find buyers for land and development ideas that were abandoned during the real estate bust. For example, on the far north end of Elysian Heights, where a previous developer had wanted 2,500-square-foot homes, approximately one-acre of hillside property on Landa Street near Stadium Way has gone up for sale at $1.1 million. The property could accommodate seven homes in a development dubbed Elysian Heights Estates. The listing by Hoffman Land describes the site this way:

The property sits just above both the northbound and southbound on-ramps and off ramps for the Interstate 5, allowing extremely easy access. The subject lots lie on an upward slope thus providing fantastic views of Elysian Valley.

Of course, any buyer and developer interested in building Elysian Heights Estates would have to deal with the high costs of building on hillside land  and the prospect of finding buyers willing to deal with freeway noise.

Eastsider Advertising


  1. Oh the speculation.

    I’m guessing the developer would convince the City to turn that closed off and crumbling portion of Landa St (not even close to being safe to drive on) into a “private road” so it could be a gated community directly adjacent to the 18-Acre Elysian Park Parcel. Landa is still a public right of way, and currently usable as a walking trail.

    Get a full grading report before you buy that one. And tie the native tree removal permits to “issued” grading & building permits. Not just “model home permits.”

  2. How fun, the return of “McMansions”.

  3. To clarify, those renderings are what the previous owner, who doesn’t own the property any more, had done. Whoever buys this property can do something else, i.e. contemporary/modern, Craftsman, farmhouse, etc.

Post a Comment

Please keep your comments civil and on topic and refrain from personal attacks. The moderator reserves the right to edit or delete any comments. The Eastsider's Terms of Use and Privacy Policy apply to comments submitted by readers. Required fields are marked *