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Listed by James Moran, DRE #01425464 • Moran Real Estate Inc.
$2,600,000
Est. payment /mo
0.68 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26206881
Lot Size 0.676 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
**DEVELOPMENT OPPORTUNITY | FULLY ENTITLED 35-UNIT MULTI-FAMILY PROJECT** Rare opportunity to acquire an **entitled residential development site in Covina** with Planning Commission approval in place for a **35-unit residential project**. The approved plans call for a **three-story building with 35 residential units and 54 parking spaces**, providing an attractive opportunity for developers and investors seeking a project with the entitlement process substantially completed. The property offers the potential to move forward with a residential development without starting the entitlement process from the beginning. **Planning Commission approval has been granted and project entitlements are complete.** Conveniently located near **local restaurants, shopping, major transportation corridors, and freeway access**, offering future residents convenient access to surrounding amenities and employment centers. **ENTITLEMENTS & DUE DILIGENCE:** Approved plans are available during the due diligence materials e to qualified buyers. Contact the listing broker for access to the due diligence package. **Buyer to independently verify all information, including plans, entitlements, approvals, zoning, development standards, permits, measurements, costs, and project feasibility with th
Location
State CA
County Los Angeles
Area 614 - Covina
Zoning LY
Exterior
Utilities Available Electricity - On Site, Telephone - Not On Site
View None
Others
Tax ID 8401021004
Special Listing Condition Not Applicable
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