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Key Details
Sold Price $1,485,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR19158989
Sold Date 11/20/20
HOA Y/N No
Year Built 1964
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions Estimated
Property Description
* A Free standing Commercial building on a Large Commercial C-4 CORNER lot , building is 4,250 SF on large 20,500 SF. lot, Anchor tenant is a Coin Two long terms tenants.Laundry with 20 years lease/approx. 2,900 SF and a church function as religious gathering hall ,lease expiring Dec.2020/ approx. 1,300 SF. Each has separate Electricity and Gas meters.
* Renovated on 2017 with New window,New roof framing and roof ,refurbished parking area . Stable tenant and income with upside. Large 87 ft. x 246 ft. provided 33 Parking space with room for building expansion or increase parking spaces for more diverting venture business.
* ON major corridor of Valley Blvd, Two on site signage provides great exposure from street ,in front of public transit ,Very Convenient location with easy access to FWY 10,605& FWY 60 .
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMC4
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Block, Wrought Iron
Total Parking Spaces 33
Building
Lot Description 2-5 Units/Acre, Flat
Story 1
Water Public
Others
Tax ID 8106008001
Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Kacey Lewis • Elliot Lewis, Broker