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Listed by Rosalba Farias • RE/MAX CHAMPIONS
$1,790,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-26229718
Lot Size 0.515 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
DEVELOPER & INVESTOR ALERT: ±0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.75% INTEREST-ONLY!)
Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745
Combined Price: $1,790,000 | Zoning: LAC2 (General Commercial - High Density Potential)
THE SELLER FINANCING ADVANTAGE:
Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment at 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements.
THE HIGHEST & BEST USE PLAY (15+ UNITS):
Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
• Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights.• Exceptional Land-to-Unit Economics: At a combined asking price of $1,790,000
• Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway.
Purchase both lots together for maximum plottage value ($1,790000) or separately (1136 S Hacienda at $794.084 and 1144 S Hacienda at $995,916) Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.
Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745
Combined Price: $1,790,000 | Zoning: LAC2 (General Commercial - High Density Potential)
THE SELLER FINANCING ADVANTAGE:
Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment at 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements.
THE HIGHEST & BEST USE PLAY (15+ UNITS):
Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
• Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights.• Exceptional Land-to-Unit Economics: At a combined asking price of $1,790,000
• Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway.
Purchase both lots together for maximum plottage value ($1,790000) or separately (1136 S Hacienda at $794.084 and 1144 S Hacienda at $995,916) Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.
Location
State CA
County Los Angeles
Area 631 - Hacienda Heights
Zoning C-2
Exterior
Community Features Biking, Foothills, Hiking, Horse Trails, Sidewalks, Stable(s), Street Lights
Utilities Available Water Connected
View Y/N Yes
View Mountain(s), See Remarks, Canyon, City Lights
Building
Lot Description 0-1 Unit/Acre
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900