SuperRare opportunity to own a charming one level ranch home on an over sized 34,878 sq ft lot. First time on the market and owned by the same family since 1958. This property is zoned equestrian/agricultural. *********** Value is in the Land ********** therefore no appraisal contingencies, minimum of 50-60% down will be needed if there’s financing, all cash preferred. Home does need some TLC, it does have nice flow with large rooms, a beautiful swimming pool, and could be added to, remodeled and lived, in or build new. At the moment we believe, and are verifying w/the city of Bellflowers planning division the following: The lot is divisible into thirds, (3) parcels, each parcel to be approx. 12,000 sq. ft., enabling 3 homes/to be built between 3500-5000 sq. ft. each, creating a "Compound" or generate rental income. We still need to verify if this property is under the Bellflower building moratorium which only allows for adding subdividing and building, not individual re-sale. The property is tenant occupied, ***** Please Do not — repeat do not walk or enter this property without prior approval, please contact listing agent for showing instructions and further information, good luck, thank you.
16402 Chicago Avenue
Jul 27, 2020
Square Ft (approx):
34,878 sqft / 0.80 acres (approx)
Built- In Range, Dishwasher, Disposal
Curbs, Golf, Horse Trails, Ravine, Sidewalks, Suburban
0-1 Unit/ Acre, Agricultural, Horse Property Unimproved, Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit, No Landscaping, Park Nearby, Value In Land
Garage Faces Front, Garage – Single Door, R V Access/ Parking
Private, In Ground
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
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16402 Chicago Avenue