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$780,000
Est. payment /mo
7,701 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26198583
HOA Y/N No
Lot Size 7,701 Sqft
Property Description
WOW! Motivated Seller just DID HUGE Price Reduction !!! Rare infill development opportunity featuring six thoughtfully designed condominium residences with approximately 7,380 SF of total livable area, plus approximately 476 SF of common area. The project offers an exceptional private parking configuration, with five residences featuring private two-car garages and one residence with a private one-car garage, totaling approximately 11 enclosed garage parking spaces.
Planning Entitlement and Design Review have been completed, along with an approved Tentative Tract Map creating six individual airspace parcels, providing the future developer with the potential to build and sell each residence separately. Building plans have already been submitted for Building Plan Check, potentially saving significant time and development costs.
The residences feature ample balconies, with potential for a roof garden/rooftop amenity, subject to applicable approvals. Ideally located near Downtown Azusa, the Metro A Line, Azusa Pacific University, Citrus College, shopping, dining, and major transportation routes.
A truly scarce opportunity combining approved entitlements, six-unit condominium density, individual sale potential, private garage parking, outdoor living space, and substantial development work already completed. Plans and project documents available upon request.
Buyer and Buyer's Agent to independently verify all square footage, plans, approvals, permits, fees, development requirements, and project status with the City of Azusa.
Planning Entitlement and Design Review have been completed, along with an approved Tentative Tract Map creating six individual airspace parcels, providing the future developer with the potential to build and sell each residence separately. Building plans have already been submitted for Building Plan Check, potentially saving significant time and development costs.
The residences feature ample balconies, with potential for a roof garden/rooftop amenity, subject to applicable approvals. Ideally located near Downtown Azusa, the Metro A Line, Azusa Pacific University, Citrus College, shopping, dining, and major transportation routes.
A truly scarce opportunity combining approved entitlements, six-unit condominium density, individual sale potential, private garage parking, outdoor living space, and substantial development work already completed. Plans and project documents available upon request.
Buyer and Buyer's Agent to independently verify all square footage, plans, approvals, permits, fees, development requirements, and project status with the City of Azusa.
Location
State CA
County Los Angeles
Area 607 - Azusa
Zoning final
Interior
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
View Y/N No
View None
Present Use Commercial
Building
Lot Description 6-10 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 8612003014
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Read Less Info

Listed by Margaret Sun Coldwell Banker Envision 626-616-2380, DRE #01278646
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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