Est. Mortgage: $/month
MLS Number 21689668
REDUCED! Presented for sale are 2 sets of contiguous lots in unincorporated Whittier with a combined lot size of approximately 112,000 SF (2.52 acres). Just steps outside of Santa Fe Springs, the properties are in Los Angeles County. Properties are zoned A-1 (Light Agriculture) & have a category of H18 Residential 18 (0 to 18 dwelling units per net acre). The smaller of the 2 multi-parcel lots, on the West of Carmenita Road (10733, 10737, 10741 & 10743 Carmenita Road), could be combined and subdivided to create 7 lots. Building an apartment or condominium project may allow higher density. The larger of the 2 multi-parcel lots, on the East of Carmenita Road (10724, 10736 & 10744 Carmenita Road), could be combined & subdivided to create 14 lots. Depending on what a savvy Developer decides to build, whether it be houses, apartments, condos, houses w/ADUs or a combination of options, the LA County is ready to discuss possibilities and encourage development. Currently there are 14 units on site that generate $16,370 in gross income a month. These lots, being across the street from the Gateway Plaza shopping complex that includes Target, Walmart, Aldi, Food 4 Less, El Super among many more, are primed for a redevelopment! Listing includes 7 APNs: 8011-009-011, 8011-009-012, 8011-009-013, 8011-009-014, 8029-004-005, 8029-004-006 and 8029-004-040.
Listed by Dario Svidler and Michael Pesci of Compass