01944726

Creating Wealth Through Real Estate

$5,195,000

10743 Carmenita Rd, Whittier, CA, 90605

Courtesy of: Dario Svidler 01884474 | Compass

Information

Purchase Type: Sale

MLS ID: 21-689668

Price: $5,195,000

Days On Market: 65

Lot size: 2.52

Details

Status: Active

Property Type: Residential Land

New Construction: No

Swimming Pool: No

Virtual Tour Link: View Tour #1

Address: 10743 Carmenita Rd

Country: US

County: Los Angeles

City: Whittier

Neighborhood: Whittier

Zip: 90605

State: California

Taxes

Property Taxes: $0

Assessment: $0

Description

REDUCED! Presented for sale are 2 sets of contiguous lots in unincorporated Whittier with a combined lot size of approximately 112,000 SF (2.52 acres). Just steps outside of Santa Fe Springs, the properties are in Los Angeles County. Properties are zoned A-1 (Light Agriculture) & have a category of H18 Residential 18 (0 to 18 dwelling units per net acre). The smaller of the 2 multi-parcel lots, on the West of Carmenita Road (10733, 10737, 10741 & 10743 Carmenita Road), could be combined and subdivided to create 7 lots. Building an apartment or condominium project may allow higher density. The larger of the 2 multi-parcel lots, on the East of Carmenita Road (10724, 10736 & 10744 Carmenita Road), could be combined & subdivided to create 14 lots. Depending on what a savvy Developer decides to build, whether it be houses, apartments, condos, houses w/ADUs or a combination of options, the LA County is ready to discuss possibilities and encourage development. Currently there are 14 units on site that generate $16,370 in gross income a month. These lots, being across the street from the Gateway Plaza shopping complex that includes Target, Walmart, Aldi, Food 4 Less, El Super among many more, are primed for a redevelopment! Listing includes 7 APNs: 8011-009-011, 8011-009-012, 8011-009-013, 8011-009-014, 8029-004-005, 8029-004-006 and 8029-004-040.

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10743 Carmenita Rd, Whittier, CA, 90605

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10743 Carmenita Rd, Whittier, CA, 90605

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