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$1,780,000
Est. payment /mo
0.95 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25186926
HOA Y/N No
Lot Size 0.952 Acres
Property Description
Location ! Location ! Location ! Rare building opportunity for up to 15 separate residences in the San Gabriel Valley. Perfect for Contractors, Builder Development and Investors. The front house is three bedrooms and two bathrooms (Current Rent $3,000), and the back house is two bedrooms and one bathroom (Current Rent $1,825). The large lot is approximately 0.95 acres,, 41,444 square feet. It was previously approved for 5 individual parcels. It's is conveniently located north of a large church property and west of a vocational school on the border of the City of Industry. The property may be an ideal location for creative planning such as home health care, congregal living or other use depending on city approval. The original plans are still valid as the building code has not changed since they were approved. Preliminary discussions with La Puente City planners indicates the property is now eligible for up to fifteen separate residences in the form of five single-family homes (SFR), five junior additional dwelling units (JADU), and five additional dwelling units (ADU). Prefabricated modular materials and traditional construction products may be approved by the city. Approved plan and design has been expired. It has two addresses : 335 Willow and 335 1/2 Willow Ave.Tenants Occupied so Drive By Only!!!Please do not disturb tenants.Thank you!
Location
State CA
County Los Angeles
Area 633 - Industry/La Puente/Valinda
Zoning LPR1*
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N Yes
View Trees/Woods
Building
Lot Description Value In Land, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8201026012
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Zhongliang Ma Pinnacle Real Estate Group 626-203-9549