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Michelle Esquivel
michelle@michellehomesellingteam.com$ 1,750,000
Est. payment | /mo
0.68 Acres Lot
$ 1,750,000
Est. payment | /mo
0.68 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW23123048
HOA Y/N No
Year Built 1928
Lot Size 0.683 Acres
Property Description
Huge Land Opportunity! Calling all real estate developers! 15844 Whittier Blvd. consists of a 1400 square foot Tudor home built in 1928, located on a 29,733 sq. ft. lot. Although the house has been designated an historical landmark, the true value is in the land. The City will not allow the home to be demolished, but according to the city manager, the city will work with a developer to move the house structure to the front of the lot for access to develop the land. The City of Whittier specific plan for this property is Shopping Cluster II and the Shopping Cluster II zoning will allow a minimum of 20 units for residential development. To maximize residential development, all residential units have to be on the second floor, with parking at ground level. The Whittier Specific Plan is attached to this listing. (See paragraph below taken from the specific plan for shopping clusters.) There is a possibility to obtain more then 20 units, using the guidelines for senior living. (See attached proposal diagram)
Location
State CA
County Los Angeles
Area 670 - Whittier
Interior
Fireplace No
Laundry Inside
Exterior
Utilities Available Water Not Available
Building
Story 1
Water None
Others
Tax ID 8231002007
Special Listing Condition Standard
Listed by Justin Salamone • ReMax Classic Real Estate • justin@lesloans.com
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA