15925 Amar Road, La Puente, California 91744, La Puente, 91744 - bed, bath
ACTIVE$1,098,000
15925 Amar Road, La Puente, California 91744
0Bed
0Bath
16,517Sqft
16,301Lot
Year Built
2024
Close
-
List price
$1.1M
Original List price
$1.62M
Price/Sqft
$66
HOA
-
Days on market
-
Sold On
-
MLS number
CV24157131
Home ConditionExcellent
Features
Deck
View-
About this home
We found 3 Cons,5 Pros.
The project consists of 22 apartments in a Metro-designated area. The ground level features parking, while the 2nd and 3rd floors house the apartment units. 15923 Amar Rd is included in the sale price, APN #8252-004-039. This will be a prime development in the heart of Los Angeles County. Building size and project is in the proposal stages only.
Price History
Date
Event
Price
10/23/25
Price Change
$1,098,000
07/31/24
Listing
$1,620,000
Condition Rating
Excellent
The property is listed with a 'year_built' of 2024 and described as a new apartment project currently in the proposal stages. The provided images are architectural renderings and floor plans, depicting a modern, newly designed building. As a brand new construction, it will feature all new components, meeting current quality standards, and will be move-in ready upon completion, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
High-Density Development Potential: The project is designed for 22 apartment units, offering significant scale and potential for substantial rental income generation in a high-demand market.
Strategic Location: Situated in a Metro-designated area within the heart of Los Angeles County, indicating strong demand, potential for transit-oriented development, and favorable zoning considerations.
New Construction Advantage: With a 'year_built: 2024' designation, the proposed development will offer modern amenities and reduced initial maintenance concerns, appealing to future tenants.
Expanded Development Footprint: The sale includes an adjacent parcel (15923 Amar Rd, APN #8252-004-039), providing a larger combined lot for the project and potentially greater development flexibility.
Significant Price Adjustment: A recent price reduction from $1.62M to $1.098M presents a potentially attractive entry point for investors looking to capitalize on the development opportunity.
Cons
Early Stage Development Risk: The project is currently 'in the proposal stages only,' implying significant time, capital, and uncertainty regarding final approvals, permits, and construction commencement.
Lack of Immediate Income: As a proposed development, the property generates no current rental income, requiring the buyer to bear holding costs and development expenses during the lengthy pre-construction and construction phases.
Uncertainty of Final Project Scope: The 'proposal stages only' status means the final building size, unit count, and overall project design are subject to change based on city approvals, regulations, and potential community feedback.