Retail Building: Approximately 1800 SF Retail building with its own parking lot
Added Value: High Density Residential Overlay
Partner: S. Kojima
Status: Under Management
Tom Nguyen represented the Buyer in a 3.9 acres assemblage in a dense infill area of the San Gabriel Valley in the City of La Puente. The assemblage consists of a church building on approximately 2.79 acres and two adjacent parcels facing Azusa Ave totaling about 1.12 acres. The church parcels are zoned A-1-6000 (up to 9 du/acre) and the two parcels facing Azusa are zoned General Commercial with an overlay that allows up to 50 du/acre. All 4 parcels are listed in the County of Los Angeles’ Housing Element inventory list.
