$1,250,000
$1,250,000
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0.99 Acres Lot
SOLD DATE : 06/29/2021
Key Details
Sold Price $1,250,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR21083111
Sold Date 06/29/21
HOA Y/N No
Lot Size 0.990 Acres
Property Description
Extremely rare large parcel of un-subdivided 43,048 SF of vacant land (demo of three dilapidated and vacant residential structures completed in 2020). The land can be subdivided into 6 (maybe 7) conventional residential lots concurrent with a zone change application to bring its zoning designation to its intended R1 designation/use. The ZC would not be subject to JJJ labor implications as the project would be under 10 lots. The potential land use plan depicted above demonstrates a connection of Ingomar Street through the center of the parcel which is the most likely end configuration for the end use of the parcel.
Location
State CA
County Los Angeles
Area Win - Winnetka
Zoning RA
Interior
Fireplace No
Exterior
Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Valley
View Y/N Yes
View Neighborhood, Valley
Building
Lot Description 6-10 Units/Acre, Lot Over 40000 Sqft, Level, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 2107014004
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Francis Evanisko • Evanisko Realty & Investment
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States