Back into the Market!! Location, Location, Location! Conveniently Located in the Heart of East LA. Excellent Opportunity on This Centrally Located Commercial Building on a Busy Street With a Lot of Foot Traffic. Property is One Large Unit With a Tenant Improvement Give You 3 Units of Retail Space. Each Unit Has Restroom. One Space is Currently Rented For $1500/month; Other Two Units Are Vacant. Legally Two Units, one unit is converted into two units. Huge Storage in the back which is permitted. Potential Annual Gross Income is $65,000 Based on Current Market Lease Price Per Sq Ft in That Area. Capitalization Rate 6.8% approx. The commercial Units Are Facing Whittier Blvd. Building May Be Converted For Single Occupant. Gated Lot in Rear Provides Parking and Additional Storage. This is an ideal Investment or For an Owner or User. This Property is Ideally Located Within a Redeveloped Zone. Owner and Tenants Can Benefit From Recent Capital Improvements in The Surrounding Area Including Newer Street Benches, Trash Receptacles, and Street Signage. This Property is Conveniently Located off the 710 Freeway, and a Short Commute to Downtown Los Angeles. This-Single Story Building Allows For Various Other Uses; Medical, Veterinary, Dental, Office, Retail, Insurance, Real Estate and Creative Arts to Name a Few. Once in a Lifetime Opportunity. Buyer To Verify And Approve All Current Aspects Of The Property Including Square Footage, Permits And Best use of Land. A MUST SEE!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $729,000 | $201 | Alam Realty | |
Price Changed | $729,000 -0.14% | $201 | Alam Realty | |
Listed For Sale | $730,000 | $201 | Alam Realty |
Elementary School Ford Boulevard Elementary | 0.2 miles away | KG - 05 | |
Elementary School Humphreys Avenue Elementary | 0.4 miles away | KG - 05 | |
Elementary School Winter Gardens Elementary | 0.8 miles away | KG - 05 |