
Seller's Agent in 2020
Kay Lee
Circa Properties, Inc.
(714) 616-0007
127 Total Sales
This attractive in-fill parcel was created by Tract Map 41048 in 1985. The parcel is a gently sloping 4.34 acres. The current zoning is Residential Planned Development (RPD)(37,000 – 1.0 DU). Under this existing zoning, the parcel should accommodate up to 4 residential lots via a parcel map. Effective January 1, 2018, all properties zoned single-family residential are allowed by right to develop an accessory dwelling unit (ADU) on each legal lot. ADU’s are allowed to be built concurrently with a single-family home making the development potential for this in-fill parcel up to 8 dwelling units. The development of this parcel will require issuance of permit or permits, or other grant or grants of approval by the City of Walnut.
The development opportunity beyond the existing RPD (37,000 – 1.0 DU) designation would require City discretionary action for a Rezone and General Plan Amendment. The property owner may entertain conditional offers requiring entitlement processing subject to acceptable terms.
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/28/2020 02/28/20 | Sold | $2,000,000 | 0.0% | $2,002 / Sq Ft |
01/24/2020 01/24/20 | Off Market | $2,000,000 | -- | -- |
01/22/2020 01/22/20 | Pending | -- | -- | -- |
12/18/2018 12/18/18 | For Sale | $3,000,000 | -- | $3,003 / Sq Ft |
Seller's Agent in 2020
Kay Lee
Circa Properties, Inc.
(714) 616-0007
127 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18291522