Originally built in 1957, this five unit garden style development is the perfect investment for a developer or investor. All five units are two bedroom, one bath and current leases are month to month. The project has a single-story overlay and construct two-story product (three-story is not permitted) developer will need to construct two affordable units or 10% of the total units rounded up at a moderate income level. With these standards, 14 two-story town homes can be constructed on the site, 12 market rate and two affordable.
Date | Details | Change |
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Status Changed from Active to Active Under Contract | – |
Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 9:25pm PDT. 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.