1041 W Arrow Hwy,
Azusa, CA 91702
已成交 成交價: $155萬 成交日期: 2020年12月07日
卧室: -- 浴室: -- / 土地
房屋信息

土地

26652 平方英呎
(2,476平方米)

地產編號: CV20007569
所處郡縣: Los Angeles
面積單價:$58.16/sq.ft ($626 / 平方米)
所屬高中:
  • 城市:Covina
  • 房屋中位數:$17萬

所屬小學:
房屋簡介

**Attention developers, investors, and contractors** Property currently in operation as used car dealership w/ land ripe for development opportunity for any type of residential, commercial, or mixed use. Plans have been submitted to City of Azusa & have preliminary approval to build a 15 unit residential condominium project w/ 5 different 3 story floor plans totaling 24,245 sf to include 2,782 sf of private open space (balconies) & 1,475 sf of common open space. City will allow up 16 units should eventual Buyer request for an additional unit. Zoning is Arrow Hwy Corridor (CAH). Perfect for new trend of hybrid “Build to rent or Build to sell” ground up development project. Sellers will work w/ Buyer toward the land entitlement. Current proposed site map has a tentative tract map. Current comps support a total valuation of projected sell out at 8+ million dollars for all 15 units as proposed. Proposed floor plans range from smallest (1,255 sf) 2 bedroom 2.5 bathrooms, private laundry, 2 car garage to largest (1,915 sf) 4 bedroom 4 bathroom, private laundry, 2 car garage. Please review site plan for floor plans. Current proposed plans are conceptual and eventual buyer can make changes to design, building footprint, bedroom bathroom count to suit their own needs as plans are not set in stone at City. Property offers an abundance of other opportunity due to prime location on Arrow Hwy. For development, can be used for quick serve restaurants w/ drive thru or a car wash 4 example.

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