$4,350,000
$4,880,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
1.6 Acres Lot
SOLD DATE : 06/30/2016
Key Details
Sold Price $4,350,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR15263173
Sold Date 06/30/16
HOA Y/N No
Lot Size 1.602 Acres
Property Description
Attention Builders and Investors. Location, Location, Location. Trailer Park conveniently located near Rosemead Blvd. Great opportunity for developers to build mix-use projects. Zoned LCM1-R3. Two parcels to be sold together with a total of 1.56 acre (69,773 sf). Currently there are 45 units on site fully occupied and all month to month. Generate high income. Gross income of $340,896 annually. There are two entrances one from Garvey and the other from Cortada. Don't miss this great opportunity! Buyer to verify all possibilities and zoning requirements with the Los Angeles County (Parcel belongs to Los Angeles County jurisdiction).
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning LCM1-R3
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Level
Others
Senior Community No
Tax ID 8581038016
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Bryan Sam • Real Estate eBroker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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