RARE CONDOMINIUMS DEVELOPMENT OPPORTUNITY IN ARCADIA. Tentative tract map approved by the city of Arcadia for 10 units of three level townhouses style condo with direct access to garage. Units size from approximately 1,472 sq.ft. - 1,742 sq.ft. Seller estimates that it would take approximate 30-60 days to permit ready. The development site is ideally located on Huntington Boulevard between Old Ranch Road and Golden West Avenue with close access to I-210 and Highway 19. The nearest major cross streets are Baldwin Avenue to the east and Michillinda Avenue to the west. It is within a few blocks away from the famous Westfield Santa Anita Mall, Los Angeles Arboretum and Santa Anita Racetrack. It is also located proximity to the highly ranked and prestigious Arcadia High School and Arcadia Gold Line Station.The offering provides a savvy investor/developer with a unique development opportunity in a premier Arcadia location. Existing 8 cottage style rental units are currently renting out for $8,125 per month with month to month rental agreement.
