LP.com

A rare cash cow income property with building potentials*. Close the City of Hope, 210 and 605 intersection and near Westminster Gardens, shopping and transportation. This income property has 8 separate single-story homes and sits on over an acre of land. Each home has its attached garage and a common driveway. Currently, all 8 units are vacant. Close to Westminster Gardens, shopping and transportation. Each home has its own separate electric, gas, and water meters. The property shall be sold in as-is condition.*Per the City of Duarte, the property had been granted entitlement for a 20-unit, market-rate, residential condominium project that was originally submitted in 2019 and the design, tentative tract map, and planned development permit approved in 2022. Buyer has the sole responsibility to investigate feasibility, square footage, and permitting and to consult with licensed professionals and governing authorities. Seller's own plans are not included in the sale and are negotiable.Seller requires proof of funds along with offers for considerations.Buyer to co-operate with Seller's 1031 Exchange.