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In-PersonVirtual Tour
$ 799,000
Est. payment | /mo
9,961 Sqft Lot
$ 799,000
Est. payment | /mo
9,961 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26229718
Lot Size 9,961 Sqft
Property Sub-Type Lots/Land
Property Description
1136 S Hacienda Blvd, Hacienda Heights, CA 91745 Zoning: LAC2 (General Commercial - High Density Potential) Each lot can be sold separate or together. THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Down payment at 5.00% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): DEVELOPER & INVESTOR ALERT: 0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.00% INTEREST-ONLY!) purchase each lot or combine. 1136 & 1144 S Hacienda Blvd.. Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
Location
State CA
County Los Angeles
Community Horse Trails
Direction North-60 Pomona Freeway Exit Hacienda Blvd Corner Shadyband / Hacienda Blvd S Gale Ave
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Present Use Commercial
Others
Senior Community No
Tax ID 8245013014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Rosalba Farias, DRE#00987798 RE/MAX CHAMPIONS
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