$4,279,000
$216K PRICE DROP

424 S Lemon Ave Walnut, CA 91789

Estimated payment $22,858/month

Total Views 47,869
0.96 Acre
$4,469,863 Price per Acre
41,700 Sq Ft Lot

Highlights

  • Mountain View
  • No HOA
  • Rectangular Lot
  • Walnut Elementary School Rated A

About This Lot

PLEASE DO NOT DISTURB LONG TIME EXISTING TENANT. This site is nominally improved with two buildings totaling 2100 rental square feet. The structures pertain to a one-story, wood-framed office/retail building totaling 960 sq. ft. and 1,144 square foot one-story, wood-framed storage structure. The office building is in average condition and the storage structure is below average condition. The lot is partially asphalt and partially concrete paved in average condition. The subject property is leased on a month-to-month basis and is operated as a U-Haul franchise and vehicle storage yard. Lot is 41,698 sq. ft. or 0.96 gross and net acre, rectangular-shaped lot positioned along the east side of Lemon Avenue, 250 feet south of Valley Boulevard in the City of Industry, Ca. The property has a City of Walnut Postal Address. This site is located about 1-2 blocks from the FUTURE WALNUT BUSINESS PARK PROJECT which is comprised of more than 400,000 sq ft. of office park. LAND ONLY FOR SALE, NOT THE BUSINESS!

Listing Agent

Steven Legare

West Shores Realty, Inc. Brokerage Phone: 310-939-7171 License #00452827 Listed on: 10/17/2023

West Shores Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,120

Lot Details

  • 0.96 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LCM11/2*

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 8760023020
  • $2,008 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$3,120

Lot Details

0

Listing Details

  • Current Use Comments: BUYER TO DO OWN INSPECTION OF CURRENT ZONING, EXISTING TENANT BEEN IS THIS LOCATION FOR MANY YEARS. TRUCT SELLING PROPERTY "AS IS"
  • View: Yes
  • Zoning: LCM11/2*
  • Property Type: Land
  • Parcel Number: 8760023020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 102.62

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 41698.00
  • Lot Size Acres: 0.9573

Multi Family

  • Lot Size Area: 41698.0000 Square Feet

Tax Info

  • Tax Census Tract: 4033.27
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 2008.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,120 $95,956 $87,020 $8,936
2024 $3,120 $94,075 $85,314 $8,761
2023 $3,083 $92,232 $83,642 $8,590
2022 $3,045 $90,424 $82,002 $8,422
2021 $3,458 $88,652 $80,395 $8,257
2019 $3,287 $86,024 $78,011 $8,013
2018 $2,531 $84,338 $76,482 $7,856
2016 $2,399 $81,064 $73,513 $7,551
2015 $2,394 $79,847 $72,409 $7,438
2014 -- $78,284 $70,991 $7,293
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2024 07/05/24 Price Changed $4,279,000 -4.8% --
12/27/2023 12/27/23 For Sale $4,495,000 0.0% --
12/11/2023 12/11/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $4,495,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23193683

California Regional Multiple Listing Service (CRMLS)

APN: 8760-023-020