$3,500,000

Description

SUPER-HOT POTENTIAL COMMERCIAL/RETAIL SITE! APPROXIMATELY 7 ACRE TRACT ADJACENT TO THE MEGA DEVELOPMENTS OF MIRADA AND EPPERSON! This approximately 7 acre site is currently zoned AC with 6 existing mobile homes which are all tenant owned. Each tenant pays $300 per month in lot rent and responsible for all repairs and lawncare of their rented property sites. The property has a future land use of VMU2B - The Villages of Pasadena Hills MPUD. The true potential here is rezoning the property to accommodate a future commercial or retail use. The entire area is exploding with development of the mega-size developments of the Lagoon based subdivisions of Mirada and Epperson. Tenants have resided on the site for a lengthy part of time and own their mobile homes on the site, and pay lot rent to the landowner. Landowner provides well water as a utility and nothing else. Tenants pay their own electric, data/cable, lawncare, etc. Upon a successful sale the new owner may have the ability to collect future lot rent from each tenant. Tenants have been advised the property is now up for sale and a future user may have future commercial uses for the property. Leonard Rd is currently a private maintained road however has access from both Curley Rd and Prospect Rd. The site is highly visible with numerous vehicles traveling by each day. There is a small creek with a closed down bridge on the west side of the property. Shown by appointment only. Call today for more details on this exciting opportunity in an area that is exploding with new development!