$3,300,000
$3,580,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
0.81 Acres Lot
SOLD DATE : 07/31/2023
Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23057476
Sold Date 07/31/23
HOA Y/N No
Year Built 1974
Lot Size 0.813 Acres
Property Description
Location! Location! Location!!!Wonderful opportunity to own a piece of investment property in the commercial center of Rosemead .6434sqf restaurant with 10 years lease agreement from 2021, The tenant pay about 200K finally per year with 5% annual growth. Lot size 35410sqf , Lots of parking space. Walking distance to shopping center and city community center , It is easy to reach freeway 10/605/60/710/210 and all the city of San Gabriel valley. The property is available to be a large development with Bokai garden hotel if approved by city as mixed use.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Interior
Heating Central, Electric, Natural Gas
Cooling Central Air, Electric
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Tile
Building
Lot Description Near Public Transit
Water Public
Others
Tax ID 5390017081
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with CHIA-CHIEH LIN • Chia-Chieh Lin, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "