Property listed by Keller Williams Coastal Properties, Shira Dunn 562-961-1400
$1,495,000
Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with… Read More privete balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of space and profitability. Don’t miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour! If Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this adjustment. Buyer to independently verify all information. Read Less
Listing Snapshot
Days Online
20
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,166
Lot Size
0.15 Acres
Year Built
1925
MLS Number
SR24254523
30 Days Snapshot Of 91411
$1,183k
0%
(avg) sold price
0
-100%
homes sold
111
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Levels: One, Living area: 1166, 1 story, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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