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$ 999,999
Est. payment | /mo
7,588 Sqft Lot
$ 999,999
Est. payment | /mo
7,588 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25014897
HOA Y/N No
Year Built 1954
Lot Size 7,588 Sqft
Lot Dimensions Estimated
Property Description
Prime mixed-use investment opportunity featuring three side-by-side parcels (APN #6343-022-027 through 029) with approximately 7,586 sq ft of total lot space. Located in a thriving business district of Montebello, this property includes two storefronts totaling approximately 1,875 sq ft (It was a barber shop and a beauty shop currently it is divided into two studios), the two-story building directly behind it consists of two studio apartments for additional rental income, The first floor is supposed to be commercial or retail. a two-car garage, and a dedicated parking lot spanning approximately 2,520 sq ft. The lot dimensions are approximately 75 ft of frontage by 100 ft in depth. All tenants are month-to-month, offering flexibility for new ownership. The buyer has the option to request all units to be vacant. This property is situated next to a closed carwash, which has the potential to reopen pending approval from the city—additional details available upon request. This is an excellent opportunity for redevelopment or immediate income generation. At the same time, you submit plans to the building department for approval. Buyers using 51% or more of the property may qualify for an SBA Loan with only 10% down. Don't miss OUT! Submit all offers today!
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNC2
Interior
Fireplace No
Laundry None
Building
Lot Description No Landscaping
Story 2
Water Public
Others
Tax ID 6343022028
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Special Listing Condition Standard
Listed by Ricardo Ceballos Jr. • Circle Real Estate • 562-760-2469
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States