NOT LISTED FOR SALE

1 Amar Rd Walnut, CA 91789

4.34 Acres
-- Price per Acre
189,050 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $2,000,000 $2,002 Per Sq Ft

400 Days on Market

Highlights

  • 4.34 Acre Lot
  • Property is near park
  • Corner Lot
  • Stanley G. Oswalt Academy Rated A-
  • Park or Greenbelt View
  • No HOA

About This Lot

As of February 2020

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.

Last Agent to Sell the Property

Kay Lee

Circa Properties, Inc. License #01399595 Listed on: 12/18/2018

Circa Properties, Inc.

Last Buyer's Agent

Kay Lee

Circa Properties, Inc. License #01399595 Listed on: 12/18/2018

Circa Properties, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 4.34 Acre Lot
  • Corner Lot
  • Level Lot
  • Density is 36-40 Units/Acre
  • Property is zoned RPD

Property Views

  • Park or Greenbelt Views

Location

  • Property is near park
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8709068016

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: RPD
  • Property Type: Land
  • Parcel Number: 8709068016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 10.58

Exterior Features

  • View: Park/Greenbelt

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Corner Lot, Level, Park Nearby
  • Lot Size Sq Ft: 189050.40
  • Lot Size Acres: 4.3400
  • Latitude Manual: 34.03449900

Multi Family

  • Lot Size Area: 4.3400 Acres
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18291522

California Regional Multiple Listing Service (CRMLS)