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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$250,000

Est. payment - /mo

2,700 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25269079

Lot Size 2,700 Sqft

Property Sub-Type Lots/Land

Property Description

Price Reduced! Even bigger upside! This is a small, buildable lot, in the city of Signal Hill, with 6 units buildable and designed. Great build potential, or for any use of your choice. Seller is an award winning Architecture Design - Build firm and will include initial schematic plans within the price. Full entitlement and/or design services can be added as part of the sale at additional cost. Please see Offering Memorandum for more details and images. Up to 6 condo units can be built on this site, with some development required. AB2011 low-income component applies, meaning 15% of units have to be affordable for residents with incomes of 80% or Area Median Income or less (may vary, depending on legislation specifics, and occupancy). Site is within a half a mile of a major transportation stop, affecting parking requirements in the developer's favor. Utilities are available from California Avenue. Design is centered around prefabricated, modular component construction allowing each of the units to be factory made and stacked in place. Phase 1 and if required Phase 2 soil assessments would be a buyer responsibility. No active or previous oil wells are on-site(s). A date stamped SB 330 filing has already been made on these sites for residential development. Willow Spring Park is directly across the street, and is currently in development. See Offering Memorandum for additional information, links, photos, and mock ups.

Location

State CA

County Los Angeles

Direction Please see maps on Offering Memorandum. Visible from California Ave, between 28th and 29th

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 0720702118

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://tinyurl.com/Lot18SignalHill

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Listed by Gregory Ernst, DRE#01305906 GML Homes, Inc.

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

18 0 7207-021-18 Signal Hill, CA 90755

Arash Rokni

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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