Reduced!! Reduced!! This beautiful Mt. Washington lot presents an excellent opportunity for developers and owner-builders alike, offering an ideal setting for your next project. The lot boasts fantastic views of the neighborhood, surrounding hills, and the iconic Los Angeles skyline. Electrical and sewer utilities appear to be available at the street, though the buyer should verify availability. Located in a highly desirable area, the property is eligible for enrollment at the acclaimed Mt. Washington Elementary School, adding further appeal to families. The neighborhood is home to three newly constructed modern homes that recently sold for $1.7M and $1.9M, highlighting the potential for strong returns on investment. Living in North-East Los Angeles provides the perfect blend of convenience and opportunity. The property is centrally located near the Los Angeles Metro, with emerging trendy retail along the Figueroa Corridor and a variety of eateries along Eagle Rock Blvd. It's just minutes by service streets to Downtown Los Angeles, Pasadena, Silver Lake, and USC Medical Center. The Southwest Museum Gold Line Metro Station is just a short distance away, and the location offers easy access to major freeways including the 110, 5, and 2 freeways, making it an ideal spot for commuters.