1136 S Hacienda Boulevard SE, Hacienda Heights, CA 91745

Property Description

DEVELOPER & INVESTOR ALERT: ±0.52 AC CORNER ASSEMBLAGE WITH OWNER FINANCING (5.75% INTEREST-ONLY!) Location: 1136 & 1144 S Hacienda Blvd, Hacienda Heights, CA 91745 Combined Price: $1,815,000 | Zoning: LAC2 (General Commercial - High Density Potential) THE SELLER FINANCING ADVANTAGE: Beat institutional banking constraints. The owner WILL CARRY a note with just a 30% Downpayment ($544,500) at an incredible 5.75% Interest-Only rate, amortized over 30 years and due in 5 years. Keep your pre-construction development capital in your pocket where it belongs. Existing auto lot and restaurant uses provide immediate interim cash flow to offset holding costs during entitlements. THE HIGHEST & BEST USE PLAY (15+ UNITS): Leverage LAC2 Zoning paired with California AB 2011 / State Density Bonus laws to build a premier 15+ Unit Multi-Family or Mixed-Use Community. • Streamlined Approvals: AB 2011 allows for ministerial, by-right approval on commercial corridors, skipping lengthy CEQA hurdles and local rezoning fights. • Exceptional Land-to-Unit Economics: At a combined asking price of $1,815,000, your baseline land cost sits at an incredibly competitive $121,000 per buildable unit (dropping even lower to sub-$100k/unit if scaling density). • Prime Logistics & Visibility: High-exposure corner lot footprint featuring over 52,000 Cars Per Day (CPD) with immediate access to the 60 Freeway. Purchase both lots together for maximum plottage value ($1,815,000) or separately (1136 S Hacienda at $825,000 / 1144 S Hacienda at $990,000). Contact Rosalba Farias at RE/MAX Champions today to review package details, parcel maps, and seller terms.