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Listed by Ron Kelly • RE/MAX One
$ 1,225,000
Est. payment | /mo
39,626 SqFt
$ 1,225,000
Est. payment | /mo
39,626 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 39,626 sqft
Price per Sqft $30
MLS Listing ID CRSR25105325
HOA Y/N No
Lot Size 0.910 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
CURRENTLY, THERE IS A 3+2 HOME RENTED, BUT it WILL BE DELIVERED VACANT. PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!! This leaves A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MORE INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information. FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT! BUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUE DILIGENCE PERIOD!
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
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