234th Street East & Ave. O-6
2.59
Acres
$7,000
Parcel Number
3091-001-004
This 2.59 acre investment parcel is 1,675 feet south of paved Ave. O in the Black Butte area. Lake Los Angeles is 5.5 miles to the west on Avenue O. The Carl O Gerhardy Wildlife Sanctuary is a half mile to the east on 240th.
Investment Details
This lot has the lowest $/acre of any property available for sale in this area (red dot). The comparable lots have sold at a higher $/acre over the past two years (blue dots). This indicates it is a good "buy low" investment for a savvy buyer.
Investment parcel 2.59 acres south of paved Ave. O. Adjacent parcel is also for sale (MLS #23008001).
Use
RL 20 ~ Rural Land with 1 Dwelling per 20 gross acres
Zoning
A-2-2 is Heavy Agricultural with Single Family Dwellings on minimum 2 acres
This property is in a Minimal Flood Hazard area. The flood mitigation necessity will be minimal when this area develops.