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$ 1,790,000
Est. payment | /mo
0.52 Acres Lot
$ 1,790,000
Est. payment | /mo
0.52 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26229718
Lot Size 0.515 Acres
Property Sub-Type Lots/Land
Property Description
DEVELOPER & INVESTOR ALERT: 0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.75% INTEREST-ONLY!) Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745 Combined Price: $1,790,000 | Zoning: LAC2 (General Commercial - High Density Potential) THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment at 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community. Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights. Exceptional Land-to-Unit Economics: At a combined asking price of $1,790,000 Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway. Purchase both lots together for maximum plottage value ($1,790000) or separately (1136 S Hacienda at $794.084 and 1144 S Hacienda at $995,916) Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.
Location
State CA
County Los Angeles
Community Horse Trails
Direction North-60 Pomona Freeway Exit Hacienda Blvd Corner Shadyband / Hacienda Blvd S Gale Ave
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 8245013014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Rosalba Farias, DRE#00987798 RE/MAX CHAMPIONS
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