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$ 1,399,000
Est. payment | /mo
3 Beds
2,510 SqFt
$ 1,399,000
Est. payment | /mo
3 Beds
2,510 SqFt
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,510 sqft
Price per Sqft $557
MLS Listing ID CRP1-16310
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 0.314 Acres
Acres 0.31
Property Description
Exceptional Tear-Down Opportunity to build a 9 unit Apartment Complex (Pending City Approval)! This unique investment opportunity presents the chance to acquire a multi-family property for redevelopment. The existing property, consisting of three units on a spacious 13,678 SF lot (as per Assessor), is poised for transformation. The unit breakdown includes 314 Holliston Ave - 2 bed/1 bath, 660 SF; 316 N Holliston Ave - 2 bed/1 bath, 580 SF; 318 N Holliston Ave - 3 bed/1 bath, 1,270 SF. Each unit features a 1-car garage and separate metering for water, electricity, and gas. Notably, Unit 318 suffered fire damage in 2021 and has been vacant since. The other two units, one will be delivered vacant by the close of escrow, the other is very cooperative. Positioned in a densely populated apartment area, close to shopping and freeway access, this property is set to capture significant attention, offering a promising opportunity for the savvy investor.
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry See Remarks
Exterior
View Y/N false
View None
Total Parking Spaces 6
Building
Lot Description Other
New Construction No
Others
Tax ID 5738016058
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brian Parsons • Keller Williams Realty
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com