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$799,000

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6,859 Sqft Lot

Price Dropped by $151K

917 E Mendocino Altadena, CA 91001

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22711

Lot Size 6,859 Sqft

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

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

917 E Mendocino Altadena, CA 91001

Kurt Wannebo

Key Details

Location

Interior

Exterior

Others

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917 E Mendocino