5826 Cloverly, Temple City, CA 91780

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Glen Henderson

[email protected] +1(619) 889-7646

$1,650,000

Est. payment - /mo

8,586 Sqft Lot

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UPDATED:

08/25/2024 11:31 AM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24175560

HOA Y/N No

Lot Size 8,586 Sqft

Acres 0.1971

Type of Financing Cash

Property Description

Heres a revised real estate description focusing on the investment opportunity: Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available. Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents. Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Dont miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.
Heres a revised real estate description focusing on the investment opportunity: Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available. Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents. Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Dont miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.

Location

State CA

County Los Angeles

Area Temple City (91780)

Building

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by QIANG ZHANG • Harvest Realty Development

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

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