0.67 Acres of Residential Land for Sale in City Terrace, California

Marengo St, City Terrace, CA 90063

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$550,000
0.67 acres
Active sale agoEst $5,507/mo

Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.

Directions

On Marengo Southside of 10 freeway, West of City Terrance Drive (West of Harrison Elementary School)

Property details

Coordinates
34.0544, -118.1919
Elevation
420 feet
Date Listed

Parcels

  • 5229010018

This 0.67-acre property is located at Marengo St in City Terrace, CA 90063 with latitude 34.0544 and longitude -118.1919. The property is currently available for sale for $550,000 with a price per acre of $822,123.

Verify sale details at the property source or contact Engel & Volkers Pasadena at (626) 584-0101.

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Listing checked and updated . Parcel data by Regrid.

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