$900,000
$1,150,000
21.7%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 10/08/2019
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR19201288
Sold Date 10/08/19
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1957
Lot Size 0.353 Acres
Property Description
13355-403 Van Nuys Blvd in the City of Pacoima, CA is located in the heart of the business district of Pacoima. Blocks away from the Pacoima City Hall U.S. Postal Office and within one mile of the Costco, Best Buy, and Lowes Home Improvement. This is mixed used project is located on 15,371 Sq. Ft. lot located on Van Nuys Blvd in the heart of redeveloping downtown Pacoima area which is an up and coming neighborhood. The property host a newly upgraded restaurant with brand new kitchen, outdoor dinning area, recent repainted and upgraded approximately 300 sq. ft. In addition to the restaurant the property has a three (3) Bedroom and one (1) bath home on the lot approximately 944 sq.ft. The tenant has signed a 5 year lease in April of 2019 with a 5 year option, this a modified gross lease (owner pays taxes and insurance only). Great investment opportunity for long term investors or redevelopment at a later date.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAC2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Unassigned, Uncovered
Garage Spaces 20.0
Garage Description 20.0
Pool None
Community Features Street Lights, Sidewalks, Urban
Roof Type Flat
Parking Type Unassigned, Uncovered
Total Parking Spaces 40
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2619018027
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Paul Herman • Capitol Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "