7435 Hellman Ave, Rosemead, CA 91770

Property Description

R-3 Zoned Lot, 45 ft. W x 199 ft.L. Hard to Find a mixed use Multi Residential RMR3YY Zoned Property. Develop Multiple-family dwellings and apartment houses, or multi-family residential as allowed by City Of Rosemead/County of Los Angeles Development guidelines; Deep Lot (8944 Sq ft, per Assessor) with potential to develop into an income producing property (Buyer to verify zoning and land usage with the City Of Rosemead Planning Department). There is a small 3 bedroom 1 Bath, 1224 Sq ft. per Assessor, built in 1937, on the property that is in poor shape; owner will make no repairs nor any considerations will be made for the subject House; The property is being sold for its highest and best value which is for the land and it's RMR3YY Zoning. The immediate locale has proximal retail shopping, and many employment categories within a few mile radius. Freeway access is within one block, and travels approximately 400 feet north of the subject site. The Lots dimensions are as follows 45 ft. W x 199 ft. L