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$ 950,000
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Active
917 E Mendocino Altadena, CA 91001
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22711
Property Sub-Type Lots/Land
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
Direction On East Mendocino, just east of Lake Ave.
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Tax ID 5845005031
Listed by Pei Chang Berkshire Hathaway Home Servic