Under contract
Active Under Contract
6101 Toltec Way
Los Angeles CA, 90042
$1,350,000
$100.00 per sqft
Under contract
Active Under Contract
0.31 Acres
Land
Listed by Saeed Ghaffari with Real Estate Legends USA [email protected]
This 13,500 SF vacant lot comes with plans and permits for a 9-unit small lot subdivision home development, 3 bed, 3.5 bath each, with total of 15,995 living square feet space. Homes are thoughtfully designed by award winning architect and include roof decks with expensive views. Similar new homes in the area sell north of $700/sqft, affording an exceptional double digit returns to prospective investors. The property is located among beautiful rolling hills and the Arroyo Seco Park between South Pasadena and Highland Park. Herman Park, dog park, Arroyo Seco Bike path and trendy Fesco Community Market are all steps away from the property.
All permit fees paid and permits issued, including building, grading, retaining walls, plumbing, off-site sewer, street/sidewalk. Buyer may start building immediately after closing. Last remaining city fee to pay is the Quimby fee for LA City parks, which is approximately $90k, which can be paid anytime before certificate of occupancy for new homes. Otherwise, all city fees are paid. No LA City Linkage Fee because project is vested prior to this fee becoming active.
PW24200945
MLSⓇ ID
September 27, 2024
Listed
December 5, 2024
Updated
Map
6101 Toltec Way
Los Angeles CA, 90042
Exterior/Building Features
Lot Size
0.31 Acres
Other Property Details
Area Name
699 - Not Defined
Days on Market
69
Garage
No
View
Yes
View Description
Mountain(s)
County
Los Angeles
Water Source
Other
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
|---|---|---|
11/12/2024 | Under contract | — |
Listing Contact: 714-875-7715
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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.
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Data last updated on 12/5/2024 at 8:42 PM UTC