The Waltonia project will be fully entitled and set to be delivered within 3-6 months with approved stamped plans and all fees and entitlements paid by owners so buyers can commence construction immediately. Excellent opportunity to build a multifamily 6 two-story style units in a highly sought after area in Montrose, CA. Per owners, the project will be RTI in approximately 6 months and the approved site plans will consist of six 3-bedroom/2.5- bathroom units. The project offers individual garages at grade with two parking spaces for each unit, common open space areas, in unit washer/dryers, 1-2 balconies in each unit. The 9641 sq ft lot is currently improved with a single-family home and it has a rental revenue in place of $2,395 a month. The project is located close to the Montrose shopping district, Farmers Market, Trader Joes, and numerous restaurants. Montrose is situated between the Verdugo Mountains and the foothills of the Angeles National Forest. The area is closely surrounded by Sunland-Tujunga, Glendale, Pasadena, Burbank, Altadena, unincorporated La Crescenta and La Canada. Buyers to independently investigate the accuracy of all the information pertaining to the property and conduct their own due diligence through appropriate professionals.
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