Here’s an opportunity to build custom homes in a gated community with beautiful views and convenient access to shopping, the city, and the ocean could be an attractive investment opportunity for developers and investors. The fact that there is no HOA and the community is not part of the coastal commission could make the development process smoother and more flexible.
It's important to note, however, that purchasing and developing large parcels of land like these three connecting lots involves a significant amount of due diligence and planning. In addition to researching local zoning and land use regulations, it's important to consider factors such as access to utilities, environmental considerations, and potential challenges in developing a community on a large scale. The current owners has much information and research already completed and happy to share. Many reports are available.
Given the size of the three lots and the total acreage of nearly 30 acres, it may also be necessary to work with a team of professionals such as architects, engineers, and contractors to ensure that the development is executed in a timely and cost-effective manner.
Overall, the opportunity to purchase and develop these three connecting lots as one package for a total price of $800,000 could be a lucrative investment for the right developer or investor. It's important to do your due diligence and work with a team of professionals to ensure that the development is successful and profitable.
Three separate and connecting APN#s
APN#4455-008-005 total of 9.981 Acres
APN#4455-008-010 total of 9.829 Acres
APN#4455-008-011 total of 9.850 Acres
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $750,000 -6.25% | Rodeo Realty | ||
Listed For Sale | $800,000 | Rodeo Realty |
Middle School Alice C. Stelle Middle | 0.1 miles away | 06 - 08 | |
High School Calabasas High | 0.6 miles away | 09 - 12 | |
Elementary School Bay Laurel Elementary | 2.1 miles away | KG - 05 |