Offered at $149,000, this 1,043 m² property in the quiet Los Angeles area of Atenas offers an opportunity to develop a small residential community. The original concept envisioned four apartments sharing a swimming pool and common areas, with retirees in mind.
Existing improvements include an electric gate, an asphalt driveway, four parking spaces, a room for staff use, and four small enclosed spaces beneath the parking area, initially intended for solar equipment.
Investors could pursue a rental development, while builders could explore a residential community for individual buyers, with private units and shared amenities, subject to legal structuring and applicable approvals. With several improvements already in place, this property provides a starting point for buyers seeking a compact residential project in Atenas, based on the original four-unit residential development concept.
Property Highlights
• 1,043 m² lot. • Concept for four apartments and a shared pool. • Electric gate, asphalt driveway and four parking spaces. • Staff room and four enclosed utility spaces.
Location Highlights
• Quiet setting in Los Angeles, Atenas.
Contact us to discuss this opportunity and arrange a viewing.
