22 0 7207-021-22, Signal Hill, CA 90755

$80,000

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List Price
$80,000
Price Change
▼ $45,000 1779247497
Status
ACTIVE
MLS#
PW25264652
Lot Size
2,700
Acres
0.06
Lot Location
16-20 Units/Acre
Days on Market
239
Property Type
Land

Property Description

Price Reduced! Even bigger upside! This is a small, buildable lot, in the city of Signal Hill, with 6 units buildable and designed. Great build potential, or for any use of your choice. Seller is an award winning Architecture Design - Build firm and will include initial schematic plans within the price and full entitlement services can be added as part of the sale. Please see Offering Memorandum for more details and images. Up to 6 condo units can be built on this site, with some development required. AB2011 low-income component applies, meaning 15% of units have to be affordable for residents with incomes of 80% or Area Median Income or less (may vary, depending on legislation specifics, and occupancy). Site is within a half a mile of a major transportation stop, affecting parking requirements in the developer's favor. Utilities are available from California Avenue. Design is centered around prefabricated, modular component construction allowing each of the units to be factory made and stacked in place. Phase 1 and if required Phase 2 soil assessments would be a buyer responsibility. No active or previous oil wells are on-site(s). A date stamped SB 330 filing has already been made on these sites for residential development. Willow Spring Park is directly across the street, and is currently in development. See Offering Memorandum for additional information, links, photos, and mock ups.

Additional Information

View
None
Sewer
None
Water
None, See Remarks
Attached Structure
Detached

Listing courtesy of Listing Agent: Gregory Ernst (greg@gregernst.com) from Listing Office: GML Homes, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.