El Monte, CA 91732,4439 Bannister AVE
El Monte, CA 91732,4439 Bannister AVE
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$700,000

$650,000

7.7%
Est.Price: ?

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Est. payment /mo

0.5 Acres Lot


SOLD DATE : 06/20/2023

Key Details

Sold Price $700,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR23071317

Sold Date 06/20/23

HOA Y/N No

Lot Size 0.501 Acres

Property Description

The investment opportunity you've been looking for. Units, units, units, units.
Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a portion of the front of the lot for street improvements as part of neighboring home development which you'll see on the plat map. The lot size shown in this listing is the current lot size after improvements by the city. This improvements include: street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR1BY

Interior

Fireplace No

Exterior

Community Features Biking

View Y/N No

View None

Building

Lot Description Level, Rectangular Lot

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 8545018048

Acceptable Financing Cash, Cash to New Loan, Lease Back

Listing Terms Cash, Cash to New Loan, Lease Back

Financing Cash

Special Listing Condition Notice Of Default

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California Regional MLS (CRMLS)
Listed by Andrew Loeffler • Re/Max Premier Prop SanMarino • 951-741-0002
Bought with BAO LIU • Pinnacle Real Estate Group
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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