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1703 S Magnolia Ave

Monrovia, CA 91016
  • $1,500,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 21-106043
UPDATED: 73 min ago
$1,500,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

This multi-family development located within minutes of the Monrovia Gold Line Station Transit Village, the property is zoned RH (Residential High) per the City of Monrovia. The property is across the street from the future Station Square South Development (highlighted in green on map). The existing property consists of a 2,952 SF warehouse/officespace currently leased by a commercial tenant on a month to month basis. Sitting on a 16,958 SF lot (per county records),RH (Residential High Density) zoning provides for a .75 FAR and offers generous development guidelines which may provide for up to 12 units to be built on the property. Close to the shops and restaurants of Old Town Monrovia, this desirable location boasts an excellent walk score. Buyer to verify all development possibilities and zoning with the City of Monrovia

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T12:42:56.44. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.theparsonsrealestateteam.com/homes/123354598
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1703 S Magnolia Ave Monrovia, CA 91016

  • Price: $1,500,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 73 min ago
  • ID#: 21-106043
0
Beds
0
Baths
0
½ Baths
0.39
Acres
Neighborhood:
Monrovia
County:
Los Angeles
Area:
Monrovia
Property Description
This multi-family development located within minutes of the Monrovia Gold Line Station Transit Village, the property is zoned RH (Residential High) per the City of Monrovia. The property is across the street from the future Station Square South Development (highlighted in green on map). The existing property consists of a 2,952 SF warehouse/officespace currently leased by a commercial tenant on a month to month basis. Sitting on a 16,958 SF lot (per county records),RH (Residential High Density) zoning provides for a .75 FAR and offers generous development guidelines which may provide for up to 12 units to be built on the property. Close to the shops and restaurants of Old Town Monrovia, this desirable location boasts an excellent walk score. Buyer to verify all development possibilities and zoning with the City of Monrovia
Exterior Features

Cross Streets Genoa Street And Magnolia Avenue Horse YN No Lot Description Fenced Yard Lot Size Area 16958 View Description None View YN No

Property Features

Cable YN Yes Sale Type Standard Sewer In Street Source Lot Size Area Vendor Enhanced Street Lights YN True Water Public Zoning Mrh

Listing provided courtesy of Charles Dunn DRE#00965553 of Nai Capital, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T12:42:56.44. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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