$2,350,000
$2,595,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
0.64 Acres Lot
SOLD DATE : 05/26/2022
Key Details
Sold Price $2,350,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR21230506
Sold Date 05/26/22
HOA Y/N No
Lot Size 0.644 Acres
Property Description
Location, Location, Location! Amazing investment opportunity for knowledgeable investors and developers in the heart of Lake Balboa, California. The land area is 28,000 sqft that the front portion of 14,000 sqft is zoned R3 and the other portion consist of 14,000 sqft is zoned R1.there are three buildings in the front consisting of five units and two buildings in the back. All the tenants are month to month and all lease agreements have expired. total annual gross rent is $143,500.00.
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Street Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 2233022015
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with David Nouri • Property Center Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "