Under Contract

1401 Santo Domingo Avenue

Duarte CA, 91010

$3,980,000


$518.23 per sqft

Under Contract

7,680 sqft

Multi-family

Built in 1959

Listed by George Ambrose with Village Properties (805) 969-8900

Potentials for condo development or income property: 8 vacant exiting separate one-story structures on over an acre of land. Close to City of Hope, 210 and 605. City of Duarte had granted entitlement for a 20-unit condo development; buyer to investigate with governing authorities and licensed professionals.*Property is to be sold as-it. Buyer to co-operate with Seller's 1031 Exchange. Seller requires offers using only current version of C.A.R. forms as well as proof of funds for consideration. Sellers will not respond to LOI's and other forms of letters.*Per the City of Duarte, the property had been granted entitlement for a 20-unit, market-rate, residential condominium project that was originally submitted in 2019 and the design, tentative tract map, and planned development permit approved in 2022. Sellers and listing agent do not make any guarantee as to whether the entitlement is still valid or extendable. Buyer has the sole responsibility to investigate feasibility, codes, and permits, and to consult with licensed professionals and governing authorities. Seller's own plans are not included in the sale and are negotiable.

V1-18916

MLS ID

July 5, 2023

Listed

April 16, 2024

Updated

Map

1401 Santo Domingo Avenue
Duarte CA, 91010

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Heating

Yes

Exterior/Building Features

Lot Size

1.01 Acres


Lot Features

6-10 Units/Acre, Sprinklers None


Sewer

Public Sewer

Other Property Details

Area Name

617 - Duarte


Days on Market

264


Garage

Yes


Garage Spaces

10


Parking

Assigned


Parking Total

20


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

DUR39000


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/16/2024

Under Contract

1/26/2024

Price Change

$3,980,000

-6%

Listing Contact: (805) 969-8900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/16/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/16/2024 at 2:09 AM UTC

 

Powered byLuxury Presence