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0 Marengo Street

City Terrace, CA 90063
  • $550,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: P1-16192
UPDATED: 36 min ago
$550,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Roland Castelar of Engel & Voelkers Pasadena ((626) 584-0101)


Description

Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T12:29:21.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/146633625
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0 Marengo Street City Terrace, CA 90063

  • Price: $550,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 36 min ago
  • ID#: P1-16192
0
Beds
0
Baths
0
½ Baths
0.67
Acres
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.
Exterior Features

Fencing None Lot Features 0-1 Unit/AcreSprinklers None Parking Total 0 Road Frontage Type City Street Road Surface Type Paved View City Lights View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Common Interest None Community Features CurbsStreet LightsSidewalks Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Possession Close Of Escrow Senior Community YN No Sewer None Special Listing Conditions Standard Utilities NoneSewer Not Available Water Source Public Zoning LCC2VV



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T12:29:21.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Roland Castelar of Engel & Voelkers Pasadena ((626) 584-0101)