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Keller Williams Estates
1136 S Hacienda Boulevard SE, Hacienda Heights, CA 91745
- $799,000
- List Price
- $799,000
- Price Change
- ▼ $991,000 1793773485
- Status
- ACTIVE
- MLS#
- CV26229718
- Lot Size
- 9,961
- Acres
- 0.23
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 11
- Property Type
- Land
Property Description
DEVELOPER & INVESTOR ALERT: ±0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.75% INTEREST-ONLY!) Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745 Combined Price: $1,790,000 | Zoning: LAC2 (General Commercial - High Density Potential) THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Down payment at 5.00% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
Additional Information
- View
- City Lights, Canyon, Hills, Mountain(s), Valley
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Rosalba Farias (rosalba@mslapuente.com) from Listing Office: RE/MAX CHAMPIONS.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.