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10743 Carmenita RoadWhittier, CA 90605Price: $5,195,000

  • Price: $5,195,000
  • Est. Mortgage of $/month
  • 171 Days on Market
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Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,195,000List Price
  • 2.57Acreage

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Listed by Dario Svidler and Michael Pesci of Compass
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.

Property Details of 10743 Carmenita Road

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 "Based on information submitted to CA_CRMLS as of July 15, 2021 5:56 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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