Description
Exciting Investment Opportunity at 710 & 714 W Milford Ave! We are thrilled to present a rare and exceptional opportunity to own two adjacent properties that can be acquired either separately or collectively. These properties are strategically located at 710 & 714 W Milford Ave, boasting a compelling advantage in terms of size and zoning potential. Lot Size Advantage: The combined width of both properties exceeds 107 feet, unlocking a unique density advantage. The lot size allows for a density drop to 1,800 SF per dwelling unit, a significant reduction from the standard 2,300 SF. Zoning Benefits: The properties fall under the R-2250 zoning classification. This translates to one dwelling unit per 2,250 square feet of lot area. Exceptionally, for lots wider than 90 feet, the allowance increases, permitting one dwelling unit for each 1,800 square feet of lot area. Strategic Investment or Owner-User Opportunity: Whether you are an investor aiming for a strategic addition to your portfolio or an end-user seeking a sizable and advantageous property for personal use, this offering presents a magnificent opportunity to leverage significant benefits in terms of zoning and development potential. Seize this chance to unlock the remarkable potential of these properties! For further inquiries and detailed insights, feel free to reach out.
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3BEDS
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0.16ACRES
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2BATHS
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01/2 BATHS
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1,410SQFT
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$887$/SQFT
Description
Exciting Investment Opportunity at 710 & 714 W Milford Ave! We are thrilled to present a rare and exceptional opportunity to own two adjacent properties that can be acquired either separately or collectively. These properties are strategically located at 710 & 714 W Milford Ave, boasting a compelling advantage in terms of size and zoning potential. Lot Size Advantage: The combined width of both properties exceeds 107 feet, unlocking a unique density advantage. The lot size allows for a density drop to 1,800 SF per dwelling unit, a significant reduction from the standard 2,300 SF. Zoning Benefits: The properties fall under the R-2250 zoning classification. This translates to one dwelling unit per 2,250 square feet of lot area. Exceptionally, for lots wider than 90 feet, the allowance increases, permitting one dwelling unit for each 1,800 square feet of lot area. Strategic Investment or Owner-User Opportunity: Whether you are an investor aiming for a strategic addition to your portfolio or an end-user seeking a sizable and advantageous property for personal use, this offering presents a magnificent opportunity to leverage significant benefits in terms of zoning and development potential. Seize this chance to unlock the remarkable potential of these properties! For further inquiries and detailed insights, feel free to reach out.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-30T10:30:10.057. 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 Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.