$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 05/03/2024
Key Details
Sold Price $1,150,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24077801
Sold Date 05/03/24
HOA Y/N No
Lot Size 0.312 Acres
Property Description
Exciting development opportunity awaits in the city of Norwalk. An undeveloped commercial lot is up for grabs, conveniently located on the corner of San Antonio Drive and Front Street. The property is securely fenced and includes 2 gated entrances, ready and waiting for the new owner to start building. This lot is located in the HEART OF NORWALK vision plan/development area. The future plan for this area will cover all aspects of San Antonio Village and the Firestone Corridor. It will include residential, retail, office, and industrial spaces, transportation, as well as public streets and open spaces. Potential purchasers must verify the commercial zoning and its uses with the city before submitting an offer. The Zoning Code information is accessible on the city's website. Buyers must closely review the land use matrix, which highlights the permitted use, conditional use, and other specifics. The property is currently leased on a monthly basis, but will be vacated by the time of escrow closing. Please note that open truck parking, storage, contractor yards, and industrial uses, as per the current code/zoning, ARE NOT permitted according to the new vision for the area. Visit the cities website more for information or the heartofnorwalk.com website. There is a city planner designated to this project a good first point of contact.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Interior
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Water Connected, Water Not Available
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Water None
Others
Tax ID 8054015017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash,Seller Financing
Special Listing Condition Standard
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Bought with ROBERT RIVERA • COLDWELL BANKER LEADERS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "