Description
Introducing a lucrative investment opportunity in a high-density area! This property offers an expansive 1/3-acre lot, presenting immense potential for investors and developers. Zoned RD-20, the possibilities for this parcel are abundant. The property currently features a 4-plex structure; however, a substantial renovation or complete demolition may be necessary to maximize its potential. With the right vision and expertise, this property can be transformed into a lucrative venture. Ideal for cash buyers, this property will be delivered vacant upon closing escrow, offering a clean slate for your development plans. Surrounded by a thriving neighborhood and conveniently located within reach of many amenities, this property holds tremendous value for those seeking to capitalize on the growing demand for housing or rental units. With the potential for multi-unit development, you can seize the opportunity to meet the housing needs of the area's vibrant community. Investors and developers alike will find this property highly appealing, given its strategic location, zoning, and investment potential. Don't miss out on this chance to shape the future of this high-density area.
Location
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 26th September, 2023 10:17 PM (UTC)
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 26th September, 2023 10:17 PM (UTC)
Listing Agent: Chris Reyes
Listing Office: Coldwell Banker Realty
