5826 Cloverly Avenue
Temple City, CA 91780
0.20 acres | #OC24175560
Description
Here’s a revised real estate description focusing on the investment opportunity:
Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available.
Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents.
Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Don’t miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.
Property Details
- Lot DescriptionSixToTenUnitsAcre
- CountyLos Angeles
- Original List Price$1,650,000
- MLS #OC24175560
- MLS #OC24175560
- Property TypePurchase
- Utility SourcePrivate
- Cost1580000
- Acres0.1971
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: QIANG ZHANG (#OCZHANQIA)
Listing Office: Harvest Realty Development (#OC06493)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
