Duarte, CA 91010,1401 Santo Domingo AVE

$4,085,950

Est. payment /mo

$4,580,000

10.8%
Est.Price: ?

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1401 Santo Domingo AVE Duarte, CA 91010

1.01 Acres Lot

SOLD DATE : 10/25/2024

Key Details

Sold Price $4,085,950

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-24099

Sold Date 10/25/24

HOA Y/N No

Lot Size 1.015 Acres

Lot Dimensions Public Records

Property Description

Near the City of Hope, 210 and 605, this property comes with the opportunity for a fully entitled residential project. Per the City of Duarte, the Project is 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 March 2022, and the approved entitlement has been extended until March, 2025. The next requirements in the development process include demolish existing buildings and submit construction drawings to the City's Building Division to enter into Plan Check.Buyer has the sole responsibility to investigate feasibility, property conditions, codes, and permits, and to consult with licensed professionals and governing authorities. Seller's own plans are not included in the sale and are negotiable. Property is to be sold as and where it is.Seller requires offers using only current version of C.A.R. forms as well as proof of funds issued by an FDIC-insured bank/financial institution for consideration. Sellers will not respond to LOI's and other forms of letters.

Location

State CA

County Los Angeles

Area 617 - Duarte

Zoning R3

Interior

Fireplace No

Exterior

Fence None

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description Lot Over 40000 Sqft, Sprinklers None

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8529012046

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by George Ambrose • Village Properties
Bought with LILI QIAN • PACIFIC STERLING REALTY

Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596

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