7
Map
$1,880,000
●
Land -
For Sale
269 Coberta Ave
La Puente, CA 91746
Studio
0 Bath
$9,232
Est. Monthly
About This Property
Rare approved subdivision opportunity at 269 S. Coberta Avenue in
Avocado Heights / La Puente. Los Angeles County approved Tentative
Tract Map No. TR82860 for the creation of five single-family
residential lots on approximately 0.82 net acres (35,950 net SF).
Exceptional opportunity for builders, developers, and investors
seeking entitled inventory in a supply-constrained Southern
California market.
Seller states preliminary conceptual design studies have been prepared to illustrate potential residential product layouts. Buyer may explore multiple development approaches subject to applicable approvals. Seller-provided development analysis indicates potential build-to-sell or long-term hold opportunities, subject to market conditions.
Flat cul-de-sac site with convenient access to major freeways, shopping, schools, dining, and surrounding San Gabriel Valley communities.
Seller states preliminary conceptual design studies have been prepared to illustrate potential residential product layouts. Buyer may explore multiple development approaches subject to applicable approvals. Seller-provided development analysis indicates potential build-to-sell or long-term hold opportunities, subject to market conditions.
Flat cul-de-sac site with convenient access to major freeways, shopping, schools, dining, and surrounding San Gabriel Valley communities.
Unit Size
-
Days on Market
188 days
Land Size
0.85 acres
Price per sqft
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Property Type
Land
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (CRMLS #OC26087268)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | Listed by Real Broker | $1,880,000 | |
| Listed by Real Broker | |||
Property Highlights
Exterior Details
Lot Features: Cul-De-Sac, StreetLevel
Lot Size Area: 36917
Lot Size Units: Square Feet
Lot Size Acres: 0.8475
Lot Size Square Feet: 36917
Tax Lot: 2
Water Source: Public
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Avocado Heights
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Listed by: Gang Ding, Real Broker
Last Updated: 7 months ago
Data Source: CRMLS, MLS# OC26087268
Last Updated: 7 months ago
Data Source: CRMLS, MLS# OC26087268
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