Property Detail

Description

1136 S Hacienda Blvd, Hacienda Heights, CA 91745 Zoning: LAC2 (General Commercial - High Density Potential) Each lot can be sold separate or together. THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Down payment at 5.00% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): DEVELOPER & INVESTOR ALERT: ±0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.00% INTEREST-ONLY!) purchase each lot or combine. 1136 & 1144 S Hacienda Blvd.. Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.