$4,085,950
$4,580,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
1.01 Acres Lot
SOLD DATE : 10/25/2024
Key Details
Sold Price $4,085,950
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-24099
Sold Date 10/25/24
HOA Y/N No
Lot Size 1.015 Acres
Acres 1.015
Property Description
Near the City of Hope, 210 and 605, this property comes with the opportunity for a fully entitled residential project. Per the City of Duarte, the Project is for a 20-unit, market-rate, residential condominium project that was originally submitted in 2019, and the design, tentative tract map, and planned development permit approved in March 2022, and the approved entitlement has been extended until March, 2025. The next requirements in the development process include demolish existing buildings and submit construction drawings to the City's Building Division to enter into Plan Check.Buyer has the sole responsibility to investigate feasibility, property conditions, codes, and permits, and to consult with licensed professionals and governing authorities. Seller's own plans are not included in the sale and are negotiable. Property is to be sold as and where it is.Seller requires offers using only current version of C.A.R. forms as well as proof of funds issued by an FDIC-insured bank/financial institution for consideration. Sellers will not respond to LOI's and other forms of letters.
Near the City of Hope, 210 and 605, this property comes with the opportunity for a fully entitled residential project. Per the City of Duarte, the Project is for a 20-unit, market-rate, residential condominium project that was originally submitted in 2019, and the design, tentative tract map, and planned development permit approved in March 2022, and the approved entitlement has been extended until March, 2025. The next requirements in the development process include demolish existing buildings and submit construction drawings to the City's Building Division to enter into Plan Check.Buyer has the sole responsibility to investigate feasibility, property conditions, codes, and permits, and to consult with licensed professionals and governing authorities. Seller's own plans are not included in the sale and are negotiable. Property is to be sold as and where it is.Seller requires offers using only current version of C.A.R. forms as well as proof of funds issued by an FDIC-insured bank/financial institution for consideration. Sellers will not respond to LOI's and other forms of letters.
Location
State CA
County Los Angeles
Area Duarte (91010)
Building
Lot Description Sidewalks
Lot Size Range 1+ to 2 AC
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with LILI QIAN • PACIFIC STERLING REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "