Description

Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and East of Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.

Features

• 0.82 Acres