15844 Whittier Boulevard, Whittier, CA 90603

$1,850,000
List Price
$1,850,000
Price Change
▼ $50,000 1679698757
Status
ACTIVE
MLS#
PW23029850
Year Built
1928
Lot Size
29,733
Acres
0.68
Days on Market
37
Property Type
Commercial
Property Sub Type
Unimproved Land

Property Description

15844 Whittier Blvd. consists of a 1400 square foot Tudor home built in 1928, located on a 29,733 sq. ft. lot. Although the house has been designated an historical landmark; the true value is in the land. The city will not allow the home to be demolished, but according to the city manager, the city will work with a developer to move the house structure to the front of the lot for access to develop the land. The City of Whittier specific plan for this property is Shopping Cluster II and the Shopping Cluster II zoning will allow a minimum of 20 units for residential development. To maximize residential development, all residential units have to be on the second floor, with parking at ground level. The Whittier Specific Plan is attached to this listing. (See paragraph below taken from the specific plan for shopping clusters.) There is a possibility to obtain more then 20 units, using the guidelines for senior living. (See attached proposal diagram) Shopping Clusters City Definition: Residential use on the ground floor is permitted provided that it is located a minimum of 300 hundred feet away from the nearest edge of the Whittier Boulevard right-of-way. Residential development must conform to all other applicable development standards and design guidelines established for residential development within the Neighborhood Spine Plan Areas. And in no case shall fewer than 20 units be developed in conjunction with any new residential development.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Justin Salamone (justin@lesloans.com) from Listing Office: ReMax Classic Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.