6527 Etiwanda Ave.

 

Challenge: Entitlements at the time Evanisko was retained as Seller’s broker were not processed. The site would require the submission of a subdivision application to establish a perception of the legitimacy of the real estate as a true development opportunity within the homebuilding community.

Value Add: Evanisko processed the tentative map for Seller (a lender) during escrow and negotiated structured a closing with the selected Buyer predicated on the final approval of the Tentative Tract Map (TTM).  Evanisko processed all entitlements and conducted all associated public hearings.

Evanisko Represented: Seller Exclusively

 

$3,200,000


9.11 ACRES
IN RANCHO


PRODUCT:
14 SFR HOME LOTS


“Challenges unique to the development site transaction are more readily recognizable and circumventable to those who deal with them constantly.”


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Fenton 15