$375,000
$388,800
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1.64 Acres Lot
SOLD DATE : 04/02/2020
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19200961
Sold Date 04/02/20
HOA Y/N No
Year Built 1985
Lot Size 1.640 Acres
Property Description
Commercial CONDO style building!
Located in a very busy retail center, recommended use for
Coffee shop/ Bakery Shop/ Dental Office/ CPA, Lawyer office/ Tofu house/ Nail Shop/ Chiropractor's office / Acupuncture Clinic/ Counseling Office ETC.
The average rate for this type of property rent in the area is about $3,000 net rent fee
Owner/ User or investor could easily grab an amazing income potential
as in the CAP rate will reach up to 9.25% at a $3,000 net rent fee.
Flexible opportunity for high income potential awaits for you.
Location
State CA
County Los Angeles
Area Rc - Artesia
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 7024006057
Financing Cash
Special Listing Condition Standard
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Bought with Vincent Kim • Redpoint Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "