5826 Cloverly Avenue, Temple City CA, 91780

Active

5826 Cloverly Avenue

Temple City CA, 91780

$1,650,000

$192.17 per sqft

Active

0.2 Acres

Land

Listed by QIANG ZHANG with Harvest Realty Development 626-203-2877

Here's a revised real estate description focusing on the investment opportunity:

Prime Development Opportunity in Temple City! This property at 5826 Cloverly Avenue offers an exceptional chance to capitalize on an already approved 5-unit condo project. The plans are fully approved, allowing for the immediate construction of two-story condos with a total building area of 6,086 square feet. Each unit ranges from 1,180 to 1,332 square feet, featuring 2 parking spaces per unit and an additional 3 guest parking spaces within the complex. There is also ample street parking available.

Located in a high-demand area next to Ralphs, this property is within walking distance to shopping centers, restaurants, and other local amenities, making it a highly desirable location for future residents.

Whether you're looking to build and sell or add to your investment portfolio, this opportunity is ready to go. Permits are ready, and construction can begin upon the close of escrow. Don't miss out on this rare opportunity to develop in one of Temple City's most sought-after locations.

OC24175560

MLSⓇ ID

August 23, 2024

Listed

October 5, 2024

Updated

Map

5826 Cloverly Avenue
Temple City CA, 91780

Exterior/Building Features

Lot Size: 0.2 Acres
Lot Features: 6-10 Units/Acre

Other Property Details

Area Name: 661 - Temple City
Garage: No
View: No
View Description: None
County: Los Angeles
Water Source: Private
Pool: No
Zoning: TCR3YY

Listing Contact: 626-593-7456

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/5/2024 at 1:11 PM UTC