Business · 2 recorded sales since 2021
Listing Agent: MARTHA CERVANTES (DRE #01761480) · Listing Office: BERKSHIRE HATH HM SVCS CA PROP · Contact: 909-980-3100 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #CV21091162 · Source: CRMLS
Awesome opportunity for home builders! Welcome to one of the last large lots (2 lots to be sold together = approx. 2.48 acres) on Mission Blvd. perfect for a luxury multi-home builder! Lot is being sold with adjacent lot (4711 W & 4761 E Mission Blvd. Montclair, CA 91763, APN 1012-301-32), both totaling approx. 104,108 sqft. Zoned R-1, this huge property is located in an area of other newer beautiful homes and condominiums. Current estimate for development is approx. 14 single family homes on approx. 7,500 sqft lots each. Currently this property is comprised of a popular 6,000 sqft restaurant/night club with a spacious parking lot. The city is encouraging the new buyer to redevelop the property and make the most of this red-hot Homesellers Market where current inventory is very low! Homes in the surrounding area range in size from 2,300 sqft to 3,500 sqft; one nearby home at 2,344 sqft sold in March of 2021 for $725K. Buyer to verify property info and development potential. We are located near an outdoor drive-in theatre, schools, major retail area and restaurants. We are about 5 minutes away from the 60 and 10 Freeways.
Listing description from the September 2021 sale, as reported to CRMLS.