1 Amar Road, Walnut

$3,000,000

0 Beds
0 Baths
0 Sqft
0 Garages

This attractive in-fill parcel was created by Tract Map 41048 in 1985. The parcel is a gently sloping 4.34 acres. The current zoning is Residential Planned Development (RPD)(37,000 – 1.0 DU). Under this existing zoning, the parcel should accommodate up to 4 residential lots via a parcel map. Effective January 1, 2018, all properties zoned single-family residential are allowed by right to develop an accessory dwelling unit (ADU) on each legal lot. ADU’s are allowed to be built concurrently with a single-family home making the development potential for this in-fill parcel up to 8 dwelling units. The development of this parcel will require issuance of permit or permits, or other grant or grants of approval by the City of Walnut.
The development opportunity beyond the existing RPD (37,000 – 1.0 DU) designation would require City discretionary action for a Rezone and General Plan Amendment. The property owner may entertain conditional offers requiring entitlement processing subject to acceptable terms.

Essential Information
MLS® #PW18291522
Price$3,000,000
Acres4.34
TypeLot-Land
Sub-TypeLots and Land
StatusActive
Community Information
Address1 Amar Road
AreaWalnut (668)
CityWalnut
CountyLos Angeles
StateCA
Amenities
ViewPark Or Green Belt View
Lot Description

36-40 Units/Acre, Corner Lot, Lot-Level/Flat, Park Nearby

Additional Information
Date ListedDecember 18th, 2018
Days on Market329
ZoningRPD
Listing Details
AgentMeewan Kay Lee(01399595)
OfficeReliance Real Estate Services
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of March 6th, 2019 at 5:36pm PST. 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.

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