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$1,570,500
Est. payment /mo
5,675 Sqft Lot
UPDATED:
09/05/2024 12:30 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL24432985
HOA Y/N No
Lot Size 5,675 Sqft
Acres 0.13
Property Description
ATTENTION DEVELOPERS AND INVESTORS! Prime Opportunity at 744 Termino Ave in one of Long Beach's most sought-after neighborhoods. This property offers approved plans (RTI - Ready to Issue permits) for a new two-story duplex, featuring four bedrooms in each unit plus an additional 2-bedroom ADU in the rear perfect for maximizing rental income. With no rent control in place, the potential for profit is substantial. Plus, the project is ready to break ground with no underground parking required, simplifying construction and reducing costs. Seller financing may be available, making this an even more attractive investment. Don't miss out on this rare opportunity to develop in a rapidly appreciating area. Act now to secure this high-potential property!
Location
State CA
County Los Angeles
Area Listing
Zoning LBR3
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 7254021007
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Listed by Maria Anderson • Phoenix RE Consulting