Listing Agent: Peggy Fong Chen      Broker/Office: Re/Max Omega
4026 Daines Drive Arcadia CA 91006
$ 1,080,000
  2   |    1   |    830 Sq Feet

Listing ID

#AR26220190

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1957

Days on website

4

Description
CALLING ALL DEVELOPERS AND INVESTORS - This property comes with a fully approved set of plans. Ready to pull permits and start building immediately! This 5 unit project is designed for modern comfort and functionality. Approved plans to build additional 4 NEW UNITS feature a versatile mix of two units in front of the existing home - one 2 bedroom, 1 bathroom unit, one 3 bedroom, 2 bathroom unit, with a new attached garage. Plus two ADUs behind with 4 bedrooms and 3 bathrooms. The existing home has been updated with new roof, plumbing, new electric panel upgrade and consists of 2 bedrooms and 1 bathroom with 1 car garage. Added improvement of new electric pole for utility services. Per LA County, property land on title indicates 14,400 sq.ft. total recorded and appears to include an 8,450 sq.ft. easement. Nestled in a private cul-de-sac surrounded by established neighborhoods. Nearby Arcadia golf course and Monrovia vibrant shopping and dining areas, local parks and schools. Convenient access to major highways like the 10, 210, and 605 freeways. Unlock the potential of this prime property offering exceptional value as a development opportunity with long-term upside.
Location
Financial Information
List Price:  $ 1080000
Property Features
Community Features:  Curbs, Sidewalks
High School District:  El Monte Union High
Levels:  One
Lot Features:  Yard
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
High School District:  El Monte Union High
MLS Area Major:  605 - Arcadia
City:  Arcadia
Senior Community YN:  false
Listed By:   Peggy Fong Chen   Re/Max Omega 
CA Lic#