$400,000
$449,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
2,250 SqFt
SOLD DATE : 02/26/2015
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $177
MLS Listing ID TR14185906
Sold Date 02/26/15
HOA Y/N No
Year Built 1948
Lot Size 2,395 Sqft
Acres 0.055
Property Description
PRIME RETAIL LOCATION ON MAJOR INTERSECTION OF FREMONT AVE & VALLEY BLVD. REAR OPPORTUNITY TO OWN A GREAT PIECE OF COMMERCIAL PROPERTY IN SUCH A GREAT LOCATION! GREAT VISIBILITY! HIGH TRAFFIC COUNTS & HIGH-DEMANDING AREA WITH LOTS OF FOOT & PASSERBY'S TRAFFIC. CURRENTLY THERE ARE 2 UNITS (#2725 & 2727). SELLER-USER IS IN THE SIGN & BANNER BUSINESS WITH 2 EXISTING TENANTS WHO ALSO PAY RENTS FOR PRIMARILY STORAGE. THIS BUILDING IS A GEM AND IT IS TOTALLY UNDER UTILIZED. OVERALL CONDITION IS GOOD. ZONING IS "ALCPD" AND IT IS GOOD FOR, BUT NOT LIMIT TO, RETAIL USE AND IT IS IDEAL FOR ANY PROFESSIONAL OFFICES, RETAIL SERVICES, TRAVEL AGENCIES, PHOTOGRAPHY, AND MANY VARIOUS USES (CHECK WITH THE CITY). FREE-STANDING BUILDING HAS 2 UNITS WITH 2 BATHROOMS - BOTH FACING VALLEY BLVD. GREAT SIGNAGE LOCATION. PLENTY OF UPSIDES! MUST SEE.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Zoning ALCPD
Interior
Fireplace No
Building
Lot Description Item1115UnitsAcre
Water Public
Others
Tax ID 5351009024
Acceptable Financing CashtoExistingLoan
Listing Terms CashtoExistingLoan
Financing Conventional
Special Listing Condition Standard
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Bought with Ashley Lutran • Berkshire Hathaway HSCP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "