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11137 Freer St - Prime LCR3 Development Parcel - 6 Units 0.17 Acres of Residential Land Offered at $3,000,000 in Temple City, CA 91780
Investment Highlights
- Prime Temple City locaton zoned LA County LCR3 for multi-family residential development (up to 6 units)
- Existing perimeter fencing with gated entry and active utility connections on site
- Existing 2 bd 2 bth structure on site, ideal for holding income or project office while permitting
Executive Summary
OVERVIEW & PRIME ZONING:
Rare opportunity to acquire a prime residential development parcel in unincorporated part of Temple City (Los Angeles County). Designated with LCR3 zoning, this high-potential parcel offers density potential for up to 6 residential units (buyer to perform independent due diligence with LA County Department of Regional Planning regarding specific setbacks, floor-area ratios, and plan approvals).
PROPERTY HIGHLIGHTS & INFRASTRUCTURE:
-Lot Features: Flat, level, regular-shaped lot with optimal dimensions for multi-unit site design, efficient building layouts, and subterranean/underground parking integration.
-Security & Privacy: The entire property perimeter is fully secured with 6-to-8-foot fencing and locked gate access.
-Utilities: All essential public utilities are established on site (water, electric, gas, and sewer lines connected).
-Existing Improvements: Features an existing single-family structure (2 bedrooms, 2 bathrooms) that can provide holding income or serve as a site office during the pre-development and planning phase.
-Jurisdiction Advantage: Located in unincorporated LA County, allowing entitlement and permitting processes to be handled through LA County Regional Planning and situated in highly desirable locatio; Live oak park and school district
SHOWINGS & SITE ACCESS:
-By Appointment Only: Due to locked gate security, on-site walkthroughs and property access are available strictly by appointment for qualified buyers and developers.
-Please contact the seller directly to coordinate access and schedule a tour.
OFFER SUBMISSION REQUIREMENTS:
-Please submit all offers along with Proof of Funds (POF) or a verifiable lender pre-approval letter.
-Buyer to independently verify all zoning requirements, unit counts, lot dimensions, easements, and utility capacities to their own satisfaction.
Property Facts
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.17 AC |
| Price Per AC | $17,454,240.80 |
| Price | $3,000,000 |
| Price Per AC | $17,454,240.80 |
| Lot Size | 0.17 AC |
Prime LCR3 parcel in unincorporated Temple City w/ 6-unit development potential or Multi-family development. Flat, level lot ideal for subterranean parking layout. All utilities active on site. Includes existing 2/2 house. Prime location
Description
Rare multi-family development opportunity in prime Temple City (LA County LCR3 zoning). This approximately 7,487 sq ft parcel provides exceptional density potential for up to 6 residential units, including apartments, condos, or townhomes (buyer to verify with county). The site currently features an existing 2-bed, 2-bath single-family home that can provide holding income or serve as a project management site office while pulling plans and permits. The property is fully secured with 6-to-8-foot perimeter fencing and locked gate access. Existing utilities are connected to the site. Excellent location close to top-rated schools, shopping, dining, and convenient freeway access. High-demand area for new residential construction.
Property Taxes
| Parcel Number | 8573-033-035 | Improvements Assessment | $143,538 |
| Land Assessment | $143,538 | Total Assessment | $287,076 |
Property Taxes
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EJS.Holdings
11137 Freer St - Prime LCR3 Development Parcel - 6 Units
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