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$4,200,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
12/05/2024 04:37 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24185279
HOA Y/N No
Year Built 1976
Lot Size 0.514 Acres
Property Description
Prime commercial opportunity in Monterey Park. Situated at the high-traffic corner lot of S. Atlantic Blvd. and W. Newmark Ave., this property boasts build-in tenant demand, excellent visibility, and significant upside potential for rental revenues with an 85% + occupancy rate. The street-front retail offices offer both convenience and accessibility, including rear parking with 32 spaces and four detached garages.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Heating Forced Air
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 2
Water Public
Others
Tax ID 5257002052
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Poon Choi Chao • Champions Real Estate • 909-831-1347