$1,000,000
$1,050,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 05/17/2021
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR21032195
Sold Date 05/17/21
HOA Y/N No
Year Built 1962
Lot Size 10,890 Sqft
Property Description
Bursting with potential and located in a convenient area in Temple City, there’s much to appreciate about this ideal opportunity for the savvy Cash buyer! This exciting development opportunity will make your imagination run wild with possibilities. Currently, the property is used as a warehouse with ample storage, office space, and parking however the site has been rezoned to R2 with the potential to construct up to three units on the lot and capitalize on the strong demand for quality residential accommodation in the area. The existing layout is generous and flexible with the ability to be adapted to suit your needs. There's a kitchen, laundry hook-ups, two bathrooms, a living room, and the bedroom is currently set up as an office. You'll have plenty of storage in the back in addition to the huge warehouse with an additional bathroom that can even fit an RV or large truck through the convenient pass through roll-up doors. All this is set within a central location with quick access to shopping, schools, and dining options, adding further appeal to this must-see property. Do your due diligence and come take a tour while you still can to take advantage of this amazing investment opportunity! Buyer advised to verify all info
Location
State CA
County Los Angeles
Area 661 - Temple City
Interior
Heating Central
Fireplace No
Laundry Washer Hookup
Building
Water Private
Others
Tax ID 5388013023
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Shumei Kam • Coldwell Banker George Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "