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$ 995,000
Est. payment | /mo
0.34 Acres Lot
$ 995,000
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25020916
HOA Y/N No
Lot Size 0.343 Acres
Lot Dimensions Assessor
Property Description
High Development Potential:NM Zoning: Offers flexibility in development options, allowing for up to 6 units (SFR, attached/detached, duplexes, triplexes, quadplexes). ADU Potential: According to the city the ability to add two ADUs (1000 sq ft and 500 sq ft) to the existing 3-bedroom unit significantly increases the property's income potential. Underpriced for a Quick Sale: This presents a potential for significant profit if the property is renovated and/or redeveloped. The approximately 1500 sq ft warehouse provides additional income potential or flexibility for future development plans. Plenty of Parking: Existing parking infrastructure reduces the need for additional development costs in this area. Currently separated structure exist which house 3 laundry room for the units.
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Zoning SGM2-R3*
Interior
Fireplace No
Exterior
Fence Brick, Fair Condition
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6234008058
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Alec Javanshiri • Re/Max Property Connection • 949-584-3456
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "