Bought with Vasken Bedirian • Westgroup
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Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,585 sqft
Price per Sqft $151
MLS Listing ID CRSR21226555
Sold Date 09/06/22
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1938
Lot Size 0.356 Acres
Property Description
Housing and Mixed Use Development Opportunity in the City of San Fernando in a NO rent control city. Property zoned for 13 residential apartment units or condos plus a commercial office/retail building. San Fernando has (verify zoning with the City of San Fernando. Existing building has fully occupied 3 residential units plus 2 commercial office building use. Take a advantage of rental income until you are ready to begin construction. Maclay Ave. corridor is zoned for mixed use. Property is 5 minutes drive to Interstate 210 Fwy and 118 Fwy. City of San Fernando is easy over the counter access to city planners. City of San Fernando has it's own police department. Build new project in a safe growing community city. Development Opportunity: Mixed use zoned (SP-5) zoning permits FAR 1.5, max. district on Maclay Ave. Corridor.
Location
State CA
County Los Angeles
Interior
Heating Natural Gas, Other, Zoned
Cooling Central Air, Window Unit(s), Other, MultiZone
Fireplace No
Building
Water Public
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