
Description
Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and Eastof Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.
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0BEDS
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0.82ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and Eastof Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-06T00:25:23.317. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cane Real Estate | Keller Williams La Jolla. Licensed in the State of California, USA.