1020 Pioneer Avenue, Wilmington, CA 90744

Property Description

Attention Builders and Developers. (3) contiguous R2 lots for sale with RTI permits and plans (RTI expected by 4/15/2023). 1016, 1020 and 1024 N. Pioneer Ave. All three lots are for sale and can be purchased together or separate. This 5523sf lot (40' wide lot) will be a shovel ready development consisting of a 3-story duplex with an attached ADU for a total of (3) legal units. The building will consist of (3) attached townhome style units. Each Unit will have a separate exterior access. Each unit will be roughly 1805sf of living space, 5 bedrooms and 3 full baths. A detached garage and other surface parking occupy the rear of the property. This parcel is in an opportunity zone. There is no existing home demo costs or SB8 issues. There are no affordable housing requirements, nor LA RSO rent control. This is very clean deal. Contact agent for Phase 1, Arch/Structural Plans, Geotech report, Methane Report, Survey, etc. There is an abandoned injection well on the site. It was abandoned to required standards. The apartment design incorporates the well so that the buildings are not built over the well and future access to the well (if needed) is possible.