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$ 788,000
Est. payment | /mo
5,370 Sqft Lot
$ 788,000
Est. payment | /mo
5,370 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26109352
HOA Y/N No
Year Built 1957
Lot Size 5,370 Sqft
Property Sub-Type Retail
Property Description
BIG DISCOUNT! It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 Sqft each.
Juice Bar business has been in this business for 10 yr, Gross Rent is $2,091.00 (Base Rent + CAM) a month. Beauty & Lash Business, Gross Rent is $2000.00 (Base Rent +CAM) a month.
The Tax office unit is vacant. This unit has been used as an office for five years.
There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size.
The property's roof has been totally renovated. The copper water supply lines from the city main terminal were replaced and rerouted to all 3 units along with broken main drain under sidewalk repaired. Electrical wiring in all units inspected and all 3 outdated electrical breaker panels replaced. This small strip is located on highly visible Rosecrans Avenue and ideally surrounded by established residences with retirees where there's growing demand for personal services like hair salons, barber, nail shops, Ballon & Party Supplies. Insurance, income tax, DMV offices, low-cost takeout foods and drinks etc. Rent right now is lower than market.
The seller is motivated to sell.
Juice Bar business has been in this business for 10 yr, Gross Rent is $2,091.00 (Base Rent + CAM) a month. Beauty & Lash Business, Gross Rent is $2000.00 (Base Rent +CAM) a month.
The Tax office unit is vacant. This unit has been used as an office for five years.
There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size.
The property's roof has been totally renovated. The copper water supply lines from the city main terminal were replaced and rerouted to all 3 units along with broken main drain under sidewalk repaired. Electrical wiring in all units inspected and all 3 outdated electrical breaker panels replaced. This small strip is located on highly visible Rosecrans Avenue and ideally surrounded by established residences with retirees where there's growing demand for personal services like hair salons, barber, nail shops, Ballon & Party Supplies. Insurance, income tax, DMV offices, low-cost takeout foods and drinks etc. Rent right now is lower than market.
The seller is motivated to sell.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Back Yard
Story 1
Water Public
Others
Tax ID 8073006013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Yumei Sun Loyal Property 626-588-7759, DRE #01357230
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