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3900 Park Place

Montrose, CA 91020
  • $5,880,000
  • STATUS: Active
  • ON SITE: 71 Days
  • ID#: SR21204375
UPDATED: 79 min ago
$5,880,000
  • 0
    BEDS
  • 1.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing provided courtesy of Rosaura Sadeghian of Re/Max One

Description

MOTIVATED SELLER!! Start building tomorrow! RTI 28 Luxury Residential Project in Desirable Montrose City! Home of numerous California Distinguished Schools and Blue Ribbon Schools. Excellent opportunity for the season Real Estate Developer/Investor. Land is just steps away to the famous Montrose Shopping Park on Honolulu St. Sale Includes 3900 Park Pl & 3908 Park Pl (two Parcels) 5807-012-002 and 5807-012-005 for a total of 70,038 sf according to Tax Assessor. This a shovel ready project planned as condos buyer to decide if continue build and sell or hold and rent. Sitting on Hill Lot this gated community will offer future homeowners views to the City and the Verdugo Mountains. This "READY TO ISSUE" / "Shovel Ready" project is conveniently located a couple of minutes away from the 210 Freeway and the 2 Highway. Just 20 min to downtown Los Angeles. There are a total of 28 Units consisting of 20 Units ( 3 bedroom & 3 bathrooms ) 5 Units (3 bedroom & 2 bathroom) and 3 Units (2 bedroom & 2 bathroom). 65 Parking spaces. Includes common areas, short and long term bike parking spaces as well as 2330 sf of unobstructed area for future installation of solar panels. These spacious homes average 1,735 sf Current homes are leased but they will be delivered without tenants. Please contact selling agent for Property Information Package. Buyer is advised to independently verify the accuracy of this information with appropriate professionals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-28T17:25:29.057. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/121555874
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3900 Park Place Montrose, CA 91020

  • Price: $5,880,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 79 min ago
  • ID#: SR21204375
0
Beds
0
Baths
0
½ Baths
1.61
Acres
Neighborhood:
635 - La Crescenta/Glendale Montrose & Annex
County:
Los Angeles
Area:
635 - La Crescenta/Glendale Montrose & Annex
Property Description
MOTIVATED SELLER!! Start building tomorrow! RTI 28 Luxury Residential Project in Desirable Montrose City! Home of numerous California Distinguished Schools and Blue Ribbon Schools. Excellent opportunity for the season Real Estate Developer/Investor. Land is just steps away to the famous Montrose Shopping Park on Honolulu St. Sale Includes 3900 Park Pl & 3908 Park Pl (two Parcels) 5807-012-002 and 5807-012-005 for a total of 70,038 sf according to Tax Assessor. This a shovel ready project planned as condos buyer to decide if continue build and sell or hold and rent. Sitting on Hill Lot this gated community will offer future homeowners views to the City and the Verdugo Mountains. This "READY TO ISSUE" / "Shovel Ready" project is conveniently located a couple of minutes away from the 210 Freeway and the 2 Highway. Just 20 min to downtown Los Angeles. There are a total of 28 Units consisting of 20 Units ( 3 bedroom & 3 bathrooms ) 5 Units (3 bedroom & 2 bathroom) and 3 Units (2 bedroom & 2 bathroom). 65 Parking spaces. Includes common areas, short and long term bike parking spaces as well as 2330 sf of unobstructed area for future installation of solar panels. These spacious homes average 1,735 sf Current homes are leased but they will be delivered without tenants. Please contact selling agent for Property Information Package. Buyer is advised to independently verify the accuracy of this information with appropriate professionals.
Exterior Features

Lot Features 16-20 Units/Acre11-15 Units/Acre2-5 Units/Acre21-25 Units/Acre26-30 Units/Acre36-40 Units/Acre31-35 Units/Acre6-10 Units/AcreLot Over 40000 SqftNear ParkNear Public TransitSloped UpTrees Road Frontage Type City Street Road Surface Type Paved Sign On Property YN Yes View City LightsCanyonHillsMountain(S)PanoramicTrees/Woods View YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features FoothillsMountainousSidewalksPark Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available Water Source Public Zoning Lcr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-28T17:25:29.057. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101
Listing provided courtesy of Rosaura Sadeghian of Re/Max One