For Sale
For Sale
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Overview
This 0.827 Acre Residential Development Opportunity located in South Gate, California. The subject is comprised of three parcels. Current zoning is CV-Civic Zone. However, the Planning Department indicated that the City will support a re-zone of all three parcels to NM (“Residential Neighborhood Medium Zone”) which provides for moderate- to high-density multifamily dwelling configurations up to twenty dwelling units per acre. No affordable component is required. The site contains a 12,074 SF church facility with a chapel, large gathering hall, kitchen, 16 rooms and an interior patio. Two secured parking lots contain 49 on-site spots. Additional street parking is available. The building was recently vandalized and is in need of a great deal of repair (i.e. new roof, electrical panel and ceilings). This property will be sold as-is with no warranty for the improvements. If the property is redeveloped, it will be buyer’s responsibility to demolish the church following Close of Escrow.
Property Details
This 0.827 Acre Residential Development Opportunity located in South Gate, California. The subject is comprised of three parcels. Current zoning is CV-Civic Zone. However, the Planning Department indicated that the City will support a re-zone of all three parcels to NM (“Residential Neighborhood Medium Zone”) which provides for moderate- to high-density multifamily dwelling configurations up to twenty dwelling units per acre. No affordable component is required. The site contains a 12,074 SF church facility with a chapel, large gathering hall, kitchen, 16 rooms and an interior patio. Two secured parking lots contain 49 on-site spots. Additional street parking is available. The building was recently vandalized and is in need of a great deal of repair (i.e. new roof, electrical panel and ceilings). This property will be sold as-is with no warranty for the improvements. If the property is redeveloped, it will be buyer’s responsibility to demolish the church following Close of Escrow.
- Property TypeLand
- Submarket
- Sale Price$1,750,000
- Total Acres0.83
- Sale StatusAvailable
- Property ID2125405