Temple City, CA 91780,5826 Cloverly AVE
Temple City, CA 91780,5826 Cloverly AVE
Temple City, CA 91780,5826 Cloverly AVE
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$1,650,000
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8,585 Sqft Lot
Active

5826 Cloverly AVE Temple City, CA 91780

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UPDATED:

12/05/2024 03:35 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24175560

HOA Y/N No

Lot Size 8,585 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 661 - Temple City

Zoning TCR3YY

Interior

Fireplace No

Exterior

Community Features Street Lights

View Y/N No

View None

Building

Lot Description 6-10 Units/Acre

Water Private

New Construction No

Others

Senior Community No

Tax ID 8587012024

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by QIANG ZHANG • Harvest Realty Development • 626-203-2877

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Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

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5826 Cloverly AVE