Description
29 Unit SENIOR CITIZEN APARTMENT / CONDO SITE.... 21 - 3 BEDROOM 2 BATH, 8 - 1 BEDROOM 2 BATH .. SOME DRAWINGS INCLUDED.. CITY APPROVED " BY RIGHTS " PROJECT.......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES ..INDIVIDUAL WATER, GAS AND ELECTRIC METERS...PROJECTED ANNUAL GROSS INCOME - $ 720,000+ .... APPROX 6.1 CAP ..
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0.44ACRES
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01/2 BATHS
School Ratings & Info
Description
29 Unit SENIOR CITIZEN APARTMENT / CONDO SITE.... 21 - 3 BEDROOM 2 BATH, 8 - 1 BEDROOM 2 BATH .. SOME DRAWINGS INCLUDED.. CITY APPROVED " BY RIGHTS " PROJECT.......NO PUBLIC HEARINGS OR CONDITIONAL USE PERMITS NECESSARY.......QUICK APPROVAL POSSIBLE.... 27 CAR SUBTERRANEAN PARKING GARAGE ( VENTED NATURALLY )..... 2 CONTIGUOUS LOTS INCLUDED. ( APN'S 7411-005-017 & 7411-005-018)...POTENTIAL PANORAMIC VIEWS FROM 3RD FLOOR .. ONE OF THE LAST SOUTH BAY MODERATE SIZE PROJECT SITES ..INDIVIDUAL WATER, GAS AND ELECTRIC METERS...PROJECTED ANNUAL GROSS INCOME - $ 720,000+ .... APPROX 6.1 CAP ..
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T15:32:19.063. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.