Rosemead, CA 91770,9245 Pitkin ST

$1,499,000

$1,499,000

Est.Price: ?

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Est. payment /mo

0.6 Acres Lot


SOLD DATE : 06/04/2024

Key Details

Sold Price $1,499,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24096414

Sold Date 06/04/24

HOA Y/N No

Lot Size 0.602 Acres

Property Description

Exceptional Development Opportunity in Rosemead – 26,231 Sqft Land Parcel

Seize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet.

Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development.

Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity.

Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR1*

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Water Public

New Construction No

Others

Senior Community No

Tax ID 8592016052

Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lily Nguyen • Berkshire Hathaway HomeService • 949-524-9290
Bought with Lily Nguyen • Berkshire Hathaway HomeService
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+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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