Description
This listing includes both 7232 w cerritos avenue and 10531 lowden street in stanton. the total land area for the two contiguous parcels is approximately 21,947 square feet, or .50-acres. according to the oc tax assessors office, there are two residential units situated on each lot, for a total of four units. in reality, there are a total of seven existing units on the site, including six currently occupied units and one vacant unit. the current rents are substantially below market and could likely be significantly raised after renovations or at least slightly raised even without any renovations. this offering is a great opportunity for an investor, adu builder, land speculator, or a developer. there may be redevelopment potential for up to 12 newly constructed units by submitting a development application under california density bonus law. please do not disturb any of the current tenants, but feel free to reach out to the listing brokerage team with any questions you may have. priced to sell.
Property Type
LandCounty
OrangeStyle
LandAD ID
49977266
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.5038
- Lot Size Source: Estimated
- Lot Size Square Feet: 21947
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Listing Information
Listing Price Information
- Original List Price: 1,200,000
- Listing Contract Date: 2025-05-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 07931319
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 2006
- Directions: Please Do Not Disturb Tenants
- Zoning: R
- Source Property Type: Land
- Area: 699 - Not Defined
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/09/2025 @ 10:46
- MLS: PW25118519
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 21,947 sized lot, and 0 parking. are nearby neighborhoods.