$1,800,000
For Sale
3.70 acres | #PF24135261
Listing OfficeBerkshire Hathaway Home Services Golden Properties
Type:Purchase
Structure:Land
Zone:Residential

Description

Exceptional Development Opportunity on Expansive 3.7-Acre Property. Attention Builders, Developers, Investors, and non-profit organizations. Seize the opportunity to create a legacy project on this expansive 3.7-acre property, comprising four parcels zoned RS-1. Conveniently located on Balboa Blvd, just north of the 118 Freeway, this prime land is situated across from the prestigious Knollwood Country Club and offers additional access from El Oro Way. The property presents diverse development possibilities. Included in the supplements are (1) Documents related to a conditionally approved subdivision with a proposed site plan for 9 parcels. (2) A letter indicating approval of a conditional use permit for the construction of a church, which includes childcare, preschool, and nursery facilities (site plan for this proposed project is also provided). Buyers and their agents are encouraged to verify and satisfy themselves regarding zoning and building requirements. The land is strategically located near bus stops and offers easy freeway access, making it a convenient and attractive location for various projects. Drive by today and envision the immense potential that awaits!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
    • Measurements
      • Acres3.7
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesWaterNotAvailable
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,800,000
  • Other
      • MLS #PF24135261

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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