TICK TOCK: To Surplus or NOT to Surplus, That’s the Question

REMINDER: TIME SENSITIVE! To SURPLUS or NOT to SURPLUS: That is the question? Assembly Bill 1486 (“AB 1486”), approved and effective January 1, 2020, revised the California Surplus Land Act (Govt. Code Sect.54220) (“Act or Surplus Land Act”) to expand requirements for local agencies; fundamentally altering the required process to sell and dispose of designated…

To Surplus or NOT to Surplus-That’s the Question

To SURPLUS or NOT to SURPLUS: That is the question? – Assembly Bill 1486 (“AB 1486”), approved and effective January 1, 2020, revised the California Surplus Land Act (Govt. Code Sect.54220) (“Act or Surplus Land Act”) to expand requirements for local agencies; fundamentally altering the required process to sell and dispose of designated surplus property.…

For Sale 5 Acres in Hacienda Heights

The Hacienda La Puente Unified School District is seeking a qualified & experienced buyer/developer for an exceptional residential development opportunity on a 5-acre former school site (“Site”) located north of 60 FWY at border of Avocado Heights & City of Industry.

Recently Sold Properties

Kosmont Realty Corporation (KRC) is proud to present recently sold Redevelopment Agency (RDA) dissolution properties. KRC is succeeding at selling former RDA assets!