Property Detail

Description

Location: 1144 S Hacienda Blvd, Hacienda Heights, CA 91745. Can be sold separate or together. Zoning: LAC2 (General Commercial . High Density Potential) THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY FINANCING with just a 30% Down payment at 5.00% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): Leverage LAC2 Zoning. Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community. Present use Auto Sales- Used Car Lots