El Monte, CA 91732,4439 Bannister Avenue

$700,000

$650,000

7.7%
Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

846 SqFt


SOLD DATE : 06/20/2023

Key Details

Sold Price $700,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 846 sqft

Price per Sqft $827

MLS Listing ID AR23070024

Sold Date 06/20/23

Style Detached

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1947

Lot Size 0.501 Acres

Acres 0.5007

Property Description

The investment opportunity you've been looking for. Units, units, units, units. Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a small portion of the front of the lot for street improvements as part of neighboring home development which you'll see that on the plat map. This included improvements to the street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.
The investment opportunity you've been looking for. Units, units, units, units. Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a small portion of the front of the lot for street improvements as part of neighboring home development which you'll see that on the plat map. This included improvements to the street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.

Location

State CA

County Los Angeles

Area El Monte (91732)

Zoning EMR1BY

Interior

Laundry Garage

Exterior

Garage Spaces 1.0

Total Parking Spaces 1

Building

Story 1

Sewer Unknown

Water Other/Remarks

Level or Stories 1 Story

Others

Monthly Total Fees $46

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition NOD Filed/Foreclosure Pnd

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San Diego Regional MLS (SDMLS)
Listed by Andrew Loeffler • Re/Max Premier Prop SanMarino
Bought with BAO LIU • Pinnacle Real Estate Group
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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