$1,120,000
$1,288,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
1.13 Acres Lot
SOLD DATE : 04/08/2024
Key Details
Sold Price $1,120,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-15159
Sold Date 04/08/24
HOA Y/N No
Lot Size 1.128 Acres
Acres 1.1276
Property Description
Oh, the opportunities that await some lucky investor, developer, or homeowner! With 1.128 acres of flat land, (nearly 50,000 square feet) this wonderful property offers street access on two sides. The West side is boarded by East Holt Avenue and the East side is boarded by East Garvey South. There are two parcel numbers: 8277-008-034 and 042. With a ''lot-line adjustment'' for the smaller parcel (042) to have more width, the possibility of having 2 buildable lots is very promising! Preliminary discussions with the City of West Covina's planning & engineering department stated there is a possibility of adding an ADU as well as a J-ADU. If a lot-line adjustment is permitted, the possibility of building an SFR, ADU and Jr ADU on lot 042 is definitely a profitable ''value-add'' for this property! Before submitting your offer, PLEASE be sure to check with the West Covina planning/engineering department with regard to any ''use or uses'' you might have for the property. Equestrian use may also be permitted. There is currently one home on the property with 3 bedrooms, 2.5 bathrooms, den, HVAC, a refreshing pool, and a large 2-car garage! Easy access to the 10, 210, and 57 Freeways. When using your GPS to locate the front entrance gate to the subject property use the address 3740 E Garvey Avenue South - directly across the street is the front entrance to 3712 E. Holt Avenue. The front entrance is not accessible from East Holt Avenue. Please reference the last photo which is a directional map.
Oh, the opportunities that await some lucky investor, developer, or homeowner! With 1.128 acres of flat land, (nearly 50,000 square feet) this wonderful property offers street access on two sides. The West side is boarded by East Holt Avenue and the East side is boarded by East Garvey South. There are two parcel numbers: 8277-008-034 and 042. With a ''lot-line adjustment'' for the smaller parcel (042) to have more width, the possibility of having 2 buildable lots is very promising! Preliminary discussions with the City of West Covina's planning & engineering department stated there is a possibility of adding an ADU as well as a J-ADU. If a lot-line adjustment is permitted, the possibility of building an SFR, ADU and Jr ADU on lot 042 is definitely a profitable ''value-add'' for this property! Before submitting your offer, PLEASE be sure to check with the West Covina planning/engineering department with regard to any ''use or uses'' you might have for the property. Equestrian use may also be permitted. There is currently one home on the property with 3 bedrooms, 2.5 bathrooms, den, HVAC, a refreshing pool, and a large 2-car garage! Easy access to the 10, 210, and 57 Freeways. When using your GPS to locate the front entrance gate to the subject property use the address 3740 E Garvey Avenue South - directly across the street is the front entrance to 3712 E. Holt Avenue. The front entrance is not accessible from East Holt Avenue. Please reference the last photo which is a directional map.
Location
State CA
County Los Angeles
Area West Covina (91791)
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with RAY DURAN, III • WEDGEWOOD HOMES REALTY
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