Condominium buy in Rancho Palos Verdes California

INVESTMENT & DEVELOPMENT OPPORTUNITY! ** SELLER FINANCING** Located on the corner of Crest Road & Whitley Collins Drive this property is currently configured as a preschool but presents a wide range of opportunity for investors, entrepreneurs and developers. Potential buyers can purchase the property and operate their own pre-school. Property currently has a fully built out playground, parking area, two exterior restrooms, a reception area and a large classroom. Developers can take advantage of the spacious 26,220 square foot corner lot that is already leveled with utilities running to property. Seller is willing to carry financing for up to 20 years with no pre-payment penalty after 5 years. Property is located just outside of a stunning gated community and lot is large enough to be possibly subdivided and develop two houses with ADU potential. MLS® ID: SB22229248 Listed: 10/11/22 Updated: 11/9/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 2 Laundry Description: See Remarks Fireplace: None Cooling: Central Air Heating: Central Exterior/Building Features Lot Size: 0.6 acres lot Architectural Style: Mixed Use Lot Details: 0-1 Unit/Acre, Bluff, Corner Lot, Front Yard, Level, Paved Sewer: Public Sewer School Information School District: Palos Verdes Peninsula Unified High School: Palos Verdes Peninsula Middle/Jr High: Ridgecrest Elementary School: Soleado Other Property Details Area Name: 174 - Crest HOA Amenities: Storm Drain(s), Sidewalks Garage: No Parking: N View: Y County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 1 Zoning: RPRS20000* Courtesy of Keller Williams Realty, Sean Ybarra, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 11/9/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.