1938 Phillips Way - 1938 & 1942 Phillips Way 0.13 Acres of Commercial Land Offered at $588,000 in Los Angeles, CA 90042

Scenic Hillside Development Opportunity – 1938 & 1942 Phillips Way, Highland Park
Seller may carry financing for up to 50% of the purchase price, subject to Buyer’s creditworthiness and Seller’s approval.
A prime opportunity for a developer or owner-user to build two custom homes in one of Northeast LA’s most picturesque hillside communities. Located in the desirable Highland Park area near Eagle Rock, 1938 and 1942 Phillips Way offer panoramic views stretching from Downtown Los Angeles to Palos Verdes—delivering a rare blend of serenity, privacy, and proximity to the city.
The seller has conceptual drawings available for each parcel. 1938 Phillips Way is designed as a 3-bedroom, 3.5-bathroom home with a study room, attached 2-car garage, and approximately 1,800 square feet of living space. 1942 Phillips Way is envisioned as a 2-bedroom, 2.5-bathroom residence with an attached 2-car garage and approximately 1,280 square feet. Please note that these plans have not been submitted to or approved by the City of Los Angeles, allowing flexibility for customization or redesign.
Whether you’re looking to build a private hillside compound or two striking single-family homes, this dual-lot offering provides an exceptional canvas with scale, views, and development potential in one of LA’s most sought-after neighborhoods.y.