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$ 1,815,000
Est. payment /mo
New
1136 S Hacienda BLVD SE Hacienda Heights, CA 91745
0.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26229718
HOA Y/N No
Lot Size 0.515 Acres
Property Description
DEVELOPER & INVESTOR ALERT: ±0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.75% INTEREST-ONLY!)
Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745
Combined Price: $1,815,000 | Zoning: LAC2 (General Commercial - High Density Potential)
THE SELLER FINANCING ADVANTAGE:
Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment ($544,500) at an incredible 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements.
THE HIGHEST & BEST USE PLAY (15+ UNITS):
Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
• Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights.
• Exceptional Land-to-Unit Economics: At a combined asking price of $1,815,000, your baseline land cost sits at an incredibly competitive $121,000 per buildable unit (dropping even lower to sub-$100k/unit if scaling density).
• Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway.
Purchase both lots together for maximum plottage value ($1,815,000) or separately (1136 S Hacienda at $825,000 / 1144 S Hacienda at $990,000). Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.
Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745
Combined Price: $1,815,000 | Zoning: LAC2 (General Commercial - High Density Potential)
THE SELLER FINANCING ADVANTAGE:
Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment ($544,500) at an incredible 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements.
THE HIGHEST & BEST USE PLAY (15+ UNITS):
Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community.
• Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights.
• Exceptional Land-to-Unit Economics: At a combined asking price of $1,815,000, your baseline land cost sits at an incredibly competitive $121,000 per buildable unit (dropping even lower to sub-$100k/unit if scaling density).
• Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway.
Purchase both lots together for maximum plottage value ($1,815,000) or separately (1136 S Hacienda at $825,000 / 1144 S Hacienda at $990,000). Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.
Location
State CA
County Los Angeles
Area 631 - Hacienda Heights
Zoning C-2
Interior
Fireplace No
Exterior
Community Features Biking, Foothills, Hiking, Horse Trails, Stable(s), Street Lights, Sidewalks
Utilities Available Water Connected
View Y/N Yes
View City Lights, Canyon, Mountain(s)
Building
Lot Description 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 8245013014
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry
Special Listing Condition Standard
Listed by Rosalba Farias RE/MAX CHAMPIONS 626-606-4888, DRE #00987798
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