13518 Biola Ave
La Mirada, CA 90638
Development Opportunity in La Mirada, CA · Land For Sale · 3.28 AC

The primary improvement is a one-story, 1958 constructed church with a reported 7,880 square feet of building area. The improvements were renovated on or about 2014 and are in excellent condition. The interior of the building features an entry, offices, classrooms, two bathrooms, oversized reception/banquet room, kitchen and sanctuary that seats approximately 110 persons. Directly behind the church is a detached two-car garage, fenced off children’s playground area, a concrete covered patio area in the rear of building. Ingress and egress can be obtained from the two driveways, one on the north side of the property and the other on the south side of the site. There is approximately forty-five asphalt paved parking spaces. The rest of the site has been landscaped with grass or park-like grounds with trees, some shrubs and concrete walkways. The rear 36,000 square foot portion of the site has been fenced off, is unimproved and could be used for additional parking if needed. The north, south and east sides of the property feature block wall fencing. ZONING: The current zoning is R1-7500, a classification for single family residential usage, with a minimum lot size of 7,500 square feet, lot width minimum is seventy-five feet (75’), a maximum lot coverage of forty percent (40%), minimum front yard setback of twenty feet (20’), minimum rear yard setback of fifteen feet (15’), minimum side yard interior setback five feet (5’) and minimum street side yard setback of ten feet (10’). Other uses for R1 zoning with some uses requiring a CUP are accessory dwelling units, adult day care, child day care facility, schools, utility or public service facility, churches, temples, synagogues, mosques or other place of worship or similar gathering place. Please refer to the City of La Mirada development standards for further clarifications and necessary requirements. MARKETING HISTORY OF RESIDENTIAL SALES: From 12/23/2017 to 12/22/2018 there were four-hundred-and forty-three (443) sales with an average Sale Price at $596,000 (rounded). From 12/23/2018 to 12/22/2019 there were four-hundred-and-seventy-six (476) sales with an average Sale Price of was $586,000. From 12/23/2019 to 12/22/2020 there have been four hundred-and-thirty-five (435) sales with a Sale Price Mean at $637,500. This represents a fiscal average increase in value at 7% based on the Sale Price Mean. New Residential Developments with-in walking distance to the property boasting sales in the $900,000's to just over $1M. *All information is subject to verification and buyer's due diligence.