234th Street East & Ave. O-6
$7,000
2.59
Acres
Parcel Number
3091-001-004
This 2.59 acre investment parcel is 1,675 feet south of paved Ave. O in the Black Butte area. Lake Los Angeles is 5.5 miles to the west on Avenue O. The Carl O Gerhardy Wildlife Sanctuary is a half mile to the east on 240th.
Flood Zone
This property is in a Minimal Flood Hazard area. The flood mitigation necessity will be minimal when this area develops.
Investment parcel 2.59 acres south of paved Ave. O. Adjacent parcel is also for sale (MLS #23008001).
Zoning
A-2-2 is Heavy Agricultural with Single Family Dwellings on minimum 2 acres
Use
RL 20 ~ Rural Land with 1 Dwelling per 20 gross acres
Investment Details
This lot has the lowest $/acre of any property available for sale in this area (red dot). The comparable lots have sold at a higher $/acre over the past two years (blue dots). This indicates it is a good "buy low" investment for a savvy buyer.