15947 Amar Road, La Puente, California 91744, La Puente, 91744 - 2 bed, 1 bath

15947 Amar Road, La Puente, California 91744 home-pic-0
ACTIVE$655,000
15947 Amar Road, La Puente, California 91744
2Beds
1Bath
712Sqft
7,009Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible C2 Zoning: The property benefits from C2 zoning, allowing for a wide range of commercial uses including retail, offices, light industrial, and storage, offering significant versatility for investors.
Top Cons:
Restricted Property Access: The 'DRIVE-BY ONLY' policy severely limits pre-offer physical inspection and due diligence, increasing buyer risk and uncertainty regarding property condition.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, this property is over 70 years old with no visible signs of major recent renovations. The exterior image shows significant deferred maintenance, including severe roof deterioration and cracks in the foundation/concrete. The 'DRIVE-BY ONLY' instruction strongly suggests the interior is not in a showable or livable condition. The MLS description heavily emphasizes the C2 zoning, shared lot advantage, and development potential for mixed-use, indicating the value lies primarily in the land for redevelopment rather than the existing structures, which appear to be beyond economical repair.
Year Built
1952
Close
-
List price
$655K
Original List price
$655K
Price/Sqft
$920
HOA
-
Days on market
-
Sold On
-
MLS number
TR25201221
Home ConditionTear down
Features
View-

About this home

Triplex-Property Mixed-Use Opportunity –All 3 unit of properties 15937 ,15943 and 15947 Amar Rd , these properties need Concurrent Escrow Closing: These properties are sold together, ensuring a streamlined transaction and enabling cohesive planning for future use. This is a one-of-a-kind opportunity to acquire Triplex versatile mixed-use properties is strategically located on a shared lot, offering unparalleled potential for business and development. C2 zoning, perfect for investors or visionaries, these properties boast seamless integration and zoning flexibility, making them a powerhouse of opportunity. Key Features: Shared Lot Advantage: Both properties occupy a shared lot, optimizing space and enhancing connectivity for diverse purposes. Mixed-Use Zoning: Ideal for a variety of uses, including retail shops, professional offices, mechanical workshops, light industrial warehousing, or storage facilities. Prime Location: Situated in a high-visibility area with excellent access to foot and vehicle traffic, providing unmatched exposure and convenience. Future-Ready Investment: The combination of two properties on one lot offers immense development potential and opportunities for increased returns. Complementary Synergy: Together, these properties form a dynamic hub, ideal for creating an interconnected space that serves multiple industries or sectors. Whether you're looking to establish a multi-functional business center, develop a thriving retail hub, or maximize industrial and storage operations, these properties deliver the perfect foundation. Don't miss this rare opportunity to secure these properties with endless potential. ********Public record information provided by third party. Buyer to verify public record, including but not limited to permits, lot size, number of rooms or square footage. Buyers to assume investigation of public record.********DRIVE-BY ONLY, PLEASE DO NOT TENANT. NO EXCEPTION. Property will be shown with an accepted offer

Condition Rating
Tear down

Built in 1952, this property is over 70 years old with no visible signs of major recent renovations. The exterior image shows significant deferred maintenance, including severe roof deterioration and cracks in the foundation/concrete. The 'DRIVE-BY ONLY' instruction strongly suggests the interior is not in a showable or livable condition. The MLS description heavily emphasizes the C2 zoning, shared lot advantage, and development potential for mixed-use, indicating the value lies primarily in the land for redevelopment rather than the existing structures, which appear to be beyond economical repair.
Pros & Cons

Pros

Flexible C2 Zoning: The property benefits from C2 zoning, allowing for a wide range of commercial uses including retail, offices, light industrial, and storage, offering significant versatility for investors.
Portfolio Acquisition: This offering includes three distinct properties (15937, 15943, and 15947 Amar Rd) sold concurrently, providing a unique opportunity to acquire a multi-parcel portfolio.
Prime Location & High Visibility: Strategically situated in a high-visibility area with excellent foot and vehicle traffic, ensuring strong exposure for any business or development.
Development & Synergy Potential: The combined properties on a shared lot offer immense development potential and the ability to create a synergistic hub for multiple industries or sectors.
Triplex Income Opportunity: The inclusion of a triplex provides immediate multi-unit income potential or flexible space for various business operations.

Cons

Restricted Property Access: The 'DRIVE-BY ONLY' policy severely limits pre-offer physical inspection and due diligence, increasing buyer risk and uncertainty regarding property condition.
Age & Potential for Deferred Maintenance: Built in 1952, the properties are older, suggesting a higher likelihood of requiring significant updates, repairs, or deferred maintenance, especially given the limited access for inspection.
Extensive Buyer Due Diligence Required: Buyers are explicitly tasked with verifying all public records, permits, and property details, which is compounded by the limited access and the mixed-use nature, placing a substantial burden on the buyer.

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