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- LoopNet Team
11434 Cresson St
Norwalk, CA 90650
Land For Sale
·
1.22 ac
INVESTMENT HIGHLIGHTS
- 7 formerly developed lots from a previous subdivision
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Plot Size | 1.22 ac |
| Use Class | Likely Residential | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Plot Size | 1.22 ac |
| Use Class | Likely Residential |
DESCRIPTION
Please see attached Public Oral Auction Brochure. PROPERTY LOCATION: 11434 Cresson St, Norwalk, CA 90650 MINIMUM BID: $1,884,000 REGISTRATION DEPOSIT: $5,000 Cashier’s check, money order, or certified check payable to California Department of Transportation—PERSONAL CHECKS WILL NOT BE ACCEPTED. BIDDER DEPOSIT: $188,400 Cashier’s check, money order, or certified check payable to California Department of Transportation—PERSONAL CHECKS WILL NOT BE ACCEPTED. Auction Information: Date: November 16, 2022 Registration Time: 10:30 a.m. Auction Time: 11:30 a.m. (Pacific Standard Time) AUCTION LOCATION: Caltrans District 7 Office* 100 South Main Street Los Angeles, CA 90012 *To be held outdoors Info & FAQ Meeting: Date: November 1, 2022 Time: 11:00 a.m. Questions and concerns to be addressed via WebEx live stream: Join via meeting link: https://tinyurl.com/FAQNov2022 Join by Phone: Call in & dial the Meeting # when prompted + 1-213-306-3065 United States Toll (Los Angeles) + 1-408-418-9388 United States Toll (Global call-in numbers) Meeting # (access code): 2499 753 2607 CONTACT: Phone Number: (213) 897-1868 (Voicemail for Messages) Email: D7auctions@dot.ca.gov Auction Website: https://dot.ca.gov/property District Office Mailing Address:100 South Main Street, MS-6 Los Angeles, CA 90012 ENCUMBRANCES: Footing and maintenance easements are reserved. REMARKS: This sale is subject to the approval of the California Transportation Commission (CTC). The successful bid will be submitted for approval at the CTC meeting tentatively scheduled for March 22, 2023. Hazardous Waste Assessment available upon request.
PROPERTY TAXES
| Parcel Number | 8018-001-033 | Improvements Assessment | £0 |
| Land Assessment | £1,474,213 | Total Assessment | £1,474,213 |
PROPERTY TAXES
