Bought with Lily Nguyen • Berkshire Hathaway HomeService
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Key Details
Sold Price $1,499,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 26,239 sqft
Price per Sqft $57
MLS Listing ID CROC24096414
Sold Date 06/04/24
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 0.602 Acres
Property Description
Exceptional Development Opportunity in Rosemead – 26,231 Sqft Land Parcel Seize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet. Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development. Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity. Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Water Public
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