1 Amar Road

    Walnut, CA 91792
    • $3,000,000
    • STATUS: Active
    • ON SITE: 335 days
    • ID#: PW18291522
    UPDATED: 27 min ago
    $3,000,000
    • 0
      BEDS
    • 4.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    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 +GG 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+GGs 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 +GG 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T20:30:22.493. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sperryresidential.com/homes/90149716

    1 Amar Road Walnut, CA 91792

    • Price: $3,000,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: PW18291522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.34
    Acres
    Neighborhood:
    668 - Walnut
    County:
    Los Angeles
    Area:
    668 - Walnut
    Property Description
    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 +GG 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+GGs 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 +GG 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.
    Exterior Features

    Lot Features 36-40 Units/AcreCorner LotLevelPark Nearby Lot Size Units Acres View Park/Greenbelt View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Suburban Country Us Distance To Water Comments 20 Ft Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Rpd

    Listing provided courtesy of Kay Meewan Lee of Reliance Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T20:30:22.493. 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 deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
    Compass
    341 Bayside Drive
    Newport Beach CA, 92660