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Key Details
Sold Price $1,900,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23028507
Sold Date 06/28/23
HOA Y/N No
Lot Size 1.589 Acres
Property Description
Owner may carry First TD- Tax Rolls show lot to be 69,234 square feet (1.59 acre). At $2,200,000 that is $31.78 per square foot! Recently primarily rezoned to RM zoning (Multi-Family Residential) that appears to allow for 30DU/Acre (approximately 47 units) with bonuses for affordable housing. Zoning and Land Use for the center portion of the space is OS – Open Space. There appears to be an easement by the LADWP for this section. Above the easement are power lines. While this portion of the property could not have a structure, we believe it could be used for parking of vehicles.
Site is located directly next to, and directly in front of, Streamland Park. Streamland Park is a large Urban Park with a baseball diamond, horse trails, picnic tables with trees and swings. This Popular park is rated 4.4 stars on Yelp. Across Kruse Road to the south are single family homes.
Site is within 2 drives of Freeway 605, Freeway 60,and Highway 19/164.
Buyer to verify all size, zoning, and land use data. Site is used now as truck storage.
Location
State CA
County Los Angeles
Area 649 - Pico Rivera
Zoning PRIG-OS*
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
View Y/N No
View None
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 8123013025
Acceptable Financing 1031 Exchange, Owner May Carry
Listing Terms 1031 Exchange, Owner May Carry
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML