The story
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CALLING ALL DEVELOPERS AND INVESTORS - This property comes with a fully approved set of plans. Ready to pull permits and start building immediately!This 5 unit project is designed for modern comfort and functionality. Approved plans to build additional 4 NEW UNITS feature a versatilemix of two units in front of the existing home - one 2 bedroom, 1 bathroom unit, one 3 bedroom, 2 bathroom unit, with a new attached garage. Plus two ADUs behind with 4 bedrooms and 3 bathrooms. The existing home has been updated with newroof, plumbing, new electricpanel upgrade and consists of 2 bedrooms and 1 bathroom with 1 car garage. Added improvement of new electric pole for utility services.Per LA County, property land on title indicates 14,400 sq.ft. total recorded and appears to include an 8,450 sq.ft. easement.Nestled in a private cul-de-sac surrounded by established neighborhoods. Nearby Arcadia golf course and Monrovia vibrant shopping and dining areas, local parks and schools. Convenient access to major highways like the 10, 210, and 605 freeways.Unlock the potential of this prime propertyoffering exceptional value as a development opportunity with long-term upside.
