Excellent investment opportunity for developer to build a multi-unit residential rental community in the heart of Whittier. Listing is for the unimproved land consisting of TWO parcels - APNs 8170-034-013 and 8170-034-012 - totaling 35,663 SF (according to assessor records) and running all the way through between Lambert Rd and Washington Blvd AND Seller's completed and approved plans for the proposed development. Permits for the site are ready to issue for the construction of a 13-unit apartment complex. All proposed rental units are contemporary design 2 bed / 2.5 bath tri-level townhome style apartment homes between 1,168 and 1,185 SF with an attached two-car garage. Tremendous rental upside due to property's excellent location near the heavily-trafficked intersection of Washington Blvd and Whittier Blvd, across from Presbyterian Intercommunity Hospital. Central location with convenient access to the 605 freeway and major streets, dining and shopping.
Listing courtesy of Jong Lee from Appy & Frenz USA Inc
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