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Listed by Pei Chang • Berkshire Hathaway Home Servic
$ 950,000
Est. payment /mo
New
917 East Mendocino Street Altadena, CA 91001
6,859 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22711
Lot Size 6,859 Sqft
Property Description
Extremely rare opportunity to build multifamily apartments in a much sought after neighborhood. Located right next to Lake Avenue on E. Mendocino St., this was previously a 5-unit apartment building (917-923 E. Mendocino) zoned C-3 so there is also potential for mixed-use high density residential and a commercial component. LA County has been permitting rebuilds grandfathering in prior total unit count so there is a 5-unit potential and maybe even higher density. Code may permit up to 8 units but buyer must independently verify with the County in regard to zoning and permitting. Property has already completed Phase 2 debris cleanup so the lot is ready to go. With a Walk Score of 87, this site has everything going for it - multifamily potential, desirable location, and excellent walkability for future residents.
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning C-3
Exterior
Community Features Curbs, Sidewalks, Suburban
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N Yes
View Hills, Mountain(s)
Building
Lot Description Sprinklers None
Sewer Public Sewer