10123 Lanett Avenue

    Unincorporated, CA 90605
    • $988,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: PW17257450
    Price Reduced
    UPDATED: 88 min ago
    $988,000
    • 0
      BEDS
    • 1.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Specifications of Land and Project:+G- APN: 8158-027-011 (6,020 SF)+G- APN: 8158-027-016 (43,647)+G- Lot Size Combined: 49,667 SF (1.14 Acres)+G- Zoning: RA-6000; 1 Unit/6000 SF +G- 11 Townhomes+G- 10 Market Townhomes+G- 1 Restricted Townhome (CA Bonus Density Program;)+G- Square Feet: Variable Choice Before Submitting to Building (1600 SF +GG 2200 SF)+G- 3 Bed, 2.5 Bath+G- Unincorporated L.A. County (Whittier Area)+G- Submitted: 9/27/17 (Very thorough Submittal, back and forth with planning, fire, etc. for over 1 year before submittal)+G- Gross Sale Price of Townhouses: 6M (estimated) (10 Market Units at 550K-600K + 1 Restricted Unit at roughly 200K)+G- TTM estimated approval May 2018Notes:1) Unit Size: The project has flexibility by maxing out unit size for planning submittal (there are a few reasons for this).Based on Market Prices, 1700 SF is about the sweet spot and such alteration should be easy to do prior to the Building and Safety Submittal. 2) Market Value:In terms of layout, these units have SFR characteristics (detached and open space around them).Comps Limited, but Closest Representation: 9804 Jersey Av # 1, Santa Fe Springs 90670 +GG 1983 SF built 2015, sold May 2017 for 570K, yet attached.Subject should have more appeal with detached walls.Estimated Valuation (as of November 2017) using 1700 SF is $550 to $600K.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-19T17:27:46.663. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.fredsedgroup.com/homes/78741752

    10123 Lanett Avenue Unincorporated, CA 90605

    • Price: $988,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: PW17257450
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.14
    Acres
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Specifications of Land and Project:+G- APN: 8158-027-011 (6,020 SF)+G- APN: 8158-027-016 (43,647)+G- Lot Size Combined: 49,667 SF (1.14 Acres)+G- Zoning: RA-6000; 1 Unit/6000 SF +G- 11 Townhomes+G- 10 Market Townhomes+G- 1 Restricted Townhome (CA Bonus Density Program;)+G- Square Feet: Variable Choice Before Submitting to Building (1600 SF +GG 2200 SF)+G- 3 Bed, 2.5 Bath+G- Unincorporated L.A. County (Whittier Area)+G- Submitted: 9/27/17 (Very thorough Submittal, back and forth with planning, fire, etc. for over 1 year before submittal)+G- Gross Sale Price of Townhouses: 6M (estimated) (10 Market Units at 550K-600K + 1 Restricted Unit at roughly 200K)+G- TTM estimated approval May 2018Notes:1) Unit Size: The project has flexibility by maxing out unit size for planning submittal (there are a few reasons for this).Based on Market Prices, 1700 SF is about the sweet spot and such alteration should be easy to do prior to the Building and Safety Submittal. 2) Market Value:In terms of layout, these units have SFR characteristics (detached and open space around them).Comps Limited, but Closest Representation: 9804 Jersey Av # 1, Santa Fe Springs 90670 +GG 1983 SF built 2015, sold May 2017 for 570K, yet attached.Subject should have more appeal with detached walls.Estimated Valuation (as of November 2017) using 1700 SF is $550 to $600K.
    Exterior Features

    Lot Features Lot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet View Reservoir View YN Yes

    Property Features

    Additional Parcels Description 8158-027-016 Additional Parcels YN Yes Association Fee 0.00 Association YN No Community Features Urban Country Us Distance To Water Comments 0 Elevation Units Feet Land Lease YN No Senior Community YN No Special Listing Conditions Standard Water Source See Remarks Zoning Lcra6000*

    Listing provided courtesy of Bret Lewis of Bret Lewis, Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-19T17:27:46.663. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    Fred Sed Realty - Keller Williams
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