Off market tenant-occupied SFR teardown in Bel Air for $4.5M | OFFERED AT: $4,500,000
1000-1200 Stradella Rd. , Bel Air - Bel Air | OFFERED AT: $4,500,000
Off market tenant-occupied SFR teardown in Bel Air for $4.5M
Single Family tenant-occupied teardown
72,000 sq ft
Gently sloping topography 1000-1200 block on Stradella Rd.
Surrounded by views: Wilshire corridor to Ocean, valley and bird fly view Available:
Max footage permits Surveyor company - site analysis Records for 2013 & 2014
Only cash offers
Similar lots sold for $8M, $5M in last 2-3 years Asking price $4.5M Seller has Real Estate license Sellers want Buyers to work with their existing City Approved Reports Sale to be in cooperation with Sellers 1031 Exchange There is a great deal of room to build at the bottom of the property line. The single family home on the property is currently tenant occupied. The property would be sold "as is" and the home on the property is considered a teardown, and the Seller will not be responsible for any improvements on the property. The tenant would likely be amendable to staying on the property while Buyer prepares the property for development.