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130 S Chandler Avenue

Monterey Park, CA 91754
  • $6,750,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: WS22082415
UPDATED: 31 min ago
$6,750,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Curt Wang of Ko Tai Realty (626-285-8333)


Description

Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and Eastof Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T14:33:11.877. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/127973527
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130 S Chandler Avenue Monterey Park, CA 91754

  • Price: $6,750,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 31 min ago
  • ID#: WS22082415
0
Beds
0
Baths
0
½ Baths
0.82
Acres
Neighborhood:
641 - Monterey Park
County:
Los Angeles
Area:
641 - Monterey Park
Property Description
Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and Eastof Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.
Exterior Features

Lot Features 36-40 Units/Acre Sign On Property YN No View City Lights View YN Yes

Property Features

Additional Parcels YN No Association YN Yes Common Interest None Community Features SuburbanSidewalks Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms 1031 Exchange New Construction YN No Senior Community YN Yes Special Listing Conditions Standard Utilities Cable Not AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning Mpr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T14:33:11.877. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368587299-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368587299-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368587299-1.jpg
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Curt Wang of Ko Tai Realty (626-285-8333)