Description

Opportunity to acquire three contiguous residential lots located in the City of Hawaiian Gardens, zoned HGR2 (Medium Density Residential). The offering includes Lots 6, 7, and 8. There is currently one APN assigned to four total lots; Lot 9 to the east is not included in the sale. Buyer will be responsible for confirming and completing any required parcel split and new APN assignment prior to or as a condition of close of escrow. Lot 6, the westernmost parcel, contains an existing rental house. The property also includes an older, unused emergency shelter structure. All improvements are being sold in their present as-is condition. The HGR2 zoning designation may allow for residential or multifamily development subject to City standards, density limitations, parking requirements, setbacks, utility availability, and all applicable state and local regulations. Development potential is not guaranteed. Buyer is advised to independently verify zoning, permitted uses, density, ADU allowances, parking requirements, parcel split process, utility capacity, and the condition and status of all existing improvements with the City of Hawaiian Gardens and appropriate professionals. Property is being sold primarily for land value.

Features

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