Property Detail

Description

Rare opportunity to acquire a manufacturing or residential zoned vacant lot ready to develop. Best priced lot in the entire city for this unique zoned property that also allows for industrial uses. Furthermore, zoning should also allow for R4 uses at ground level and R3 uses above grade allowing for a large residential development, if desired. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned MR1 for commercial, industrial, residential, manufacturing, and other purposes. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot is not subject to NAR settlement agreement thus allowing cooperating brokerages. Full 3% to selling agent.