The subject property is a ±25,182 square foot parcel of land located at 12345 Carson St. in the city of Hawaiian Gardens. The street address for the subject property is on Carson Street even though the property actually fronts Claretta Ave. one parcel to the north of Carson St. The property is surrounded by retail to the south, multi-family to the west and lower density residential to the north. The site is currently leased out on month-to-month basis as a storage yard (please do not disturb the tenant as they do not know the property is for sale). Zoning on this site is C-4 Commercial and the General Plan Land Use Designation is CG General Commercial. However, it is important to note that the site abuts a significant pocket of R4-zoned land directly to the west that is composed of several individual multi-family properties. It is likely that many developers would like to have that R4 zoning extend eastward to the subject property and utilize the subject property for the ultimate development of for-sale townhomes, for-rent apartments or senior housing. R-4 zoning allows for one unit per 1,850 SF of land which would theoretically allow for a developer to build up to twelve units on this site. Hawaiian Gardens is approximately 99% built out and like most of infill Los Angeles County the development market in this city is extremely supply-restricted.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/1/2022 10:51:28 PM. 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.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.