No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with.
5,069 Sq Ft
6.48 Private Acres Lot Size
investment
$780 Monthly Tax
Built in 1952
MLS/Listing ID A4686129
7 Units
Lot - Near Public Transit
Parking - Driveway
Ceiling Fans
Lot - In County
Shingle
Community - Sidewalks
Construction - Wood Frame
Construction - Block
Cooling - Wall/window unit(s)
Cooling - Central Air
Storage
Awnings
Slab
Heating - Other
TOTAL MONTHLY COST
$0
$0
$0