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$1,380,000
Est. payment /mo
3 Beds
2 Baths
1,389 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,389 sqft
Price per Sqft $993
MLS Listing ID AR26190554
Bedrooms 3
Full Baths 2
Year Built 1939
Lot Size 9,588 Sqft
Property Sub-Type Detached
Property Description
Developers Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra! An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambras most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development. The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review. The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present AS IS condition. The property is tenant-occupied. Drive-by onlyplease do not enter the property or disturb the occupants. The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting. Buyer and buyers representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development poss
Location
State CA
County Los Angeles
Direction South of Huntington Drive, East of Garfield
Interior
Heating Wall/Gravity
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Mountains/Hills, Neighborhood
Total Parking Spaces 2
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 5322011022
Acceptable Financing Cash, Cash To New Loan, Conventional, Exchange
Listing Terms Cash, Cash To New Loan, Conventional, Exchange
Special Listing Condition Standard
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Listed by Lei Shen, DRE#02149555 Re/Max Premier Properties
Nearby School & Business
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