RTI-Ready Residential Development
For Sale
Contact for pricing
11434 Cresson St, Norwalk, CA 90650
RTI-ready site approved for nine SFDs plus five ADUs with covered parking and assistive-use potential.
Property Size53,057 SF
Lot Size1.22 Acres
Price / SF$56.45
Days on Market85
Property Features for 11434 Cresson St
General Information
Standard status
Active
Size
53,057 SF
Lot size
1.22 Acres
Property subtype
LAND
Additional Details
Highway Access
Yes
Listing Agency:
Daum Commercial
(310) 883-8476
Listed By:
Bryan Abayan · License #02005294
(310) 883-8476
Source:
Moodyscre
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 31 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daum Commercial
Investment Insights
Based on property information with market context.
This RTI-ready development parcel is approved for a planned program of 9 single-family dwellings (SFDs) plus 5 additional dwelling units (ADUs). The planned building area is listed at 32,435 square feet, with multiple lot designs referenced as featuring covered parking. The offering also notes lot designs with 7-bedroom and 7-bath layouts.
The property is described as a large residential layout site with excellent regional access to multiple freeways, including Routes 14, 5, 210, and 405. The record also references 7 APNs and 14 residential addresses.
For buyers and developers, the value here is the pre-development work and an entitlement/approval pathway for a multi-unit, residential build-out featuring covered parking. The materials also indicate possible alternative uses such as assisted living or detox, which may be relevant for operators evaluating redevelopment scenarios within the approved framework and for any subsequent permitting. Overall, it’s a development-focused land opportunity designed for a sizable residential build with a mix of primary homes and ADUs.
The property is described as a large residential layout site with excellent regional access to multiple freeways, including Routes 14, 5, 210, and 405. The record also references 7 APNs and 14 residential addresses.
For buyers and developers, the value here is the pre-development work and an entitlement/approval pathway for a multi-unit, residential build-out featuring covered parking. The materials also indicate possible alternative uses such as assisted living or detox, which may be relevant for operators evaluating redevelopment scenarios within the approved framework and for any subsequent permitting. Overall, it’s a development-focused land opportunity designed for a sizable residential build with a mix of primary homes and ADUs.
Key Highlights
- RTI‑ready development site approved for 9 SFDs plus 5 ADUs
- 32,435 SF planned building area with large residential layouts
- 3,057 SF land site size across 7 APNs and 14 residential addresses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 90650, CA
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - RTI-ready site approved for nine SFDs plus five ADUs with covered parking and assistive-use potential.
Where is this residential land & home lot located?
The property is located at 11434 Cresson St Norwalk, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: RTI‑ready development site approved for 9 SFDs plus 5 ADUs; 32,435 SF planned building area with large residential layouts; 3,057 SF land site size across 7 APNs and 14 residential addresses
