14519 Central Ave For Sale Print this page

$1,200,000 

Transit Oriented Development Site

14519 Central Ave

BRC Advisors and Hudson Partners are pleased to present an affordable project development opportunity in Baldwin Park. This site is 308 feet away from the Metro Link Station (San Bernardino Red Line), along with walking distance to Central Elementary School, Baldwin Park High School, City Hall, Police Station, and the highly popular Morgan Park. The subject parcel offers 19,758 square feet of land which is currently zoned BPI* and the dimensions are 100 X 195 feet. The zoning requires a variance to provide further aggressive density, but the City will support such a project if a developer incorporates a generous amount of low income housing due to its proximity the Metro Link Station. This area has been a focus of revitalization and now is surrounded by numerous National Credit Tenants, just to north of the subject property which include: Domino’ s Pizza, El Polo Loco, Chase Bank Waba Grill, Bank of America, Verzion, CVS, Family Dollar, Superior Grocers, and Little Caesars Pizza, all conveniently located within walking distance.

The subject property is situated between the 210 and 10 Freeways, just east of the 605 Freeway and north West Covina. The demographics are working class, but has good density and a strong demand for low income housing due to proximity to the Metro Link Station. The major cross streets are Ramona Blvd and Maine Avenue.

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