$400,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1,250 SqFt
SOLD DATE : 10/01/2024
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $320
MLS Listing ID 24436291
Sold Date 10/01/24
HOA Y/N No
Year Built 1960
Lot Size 2,517 Sqft
Acres 0.0578
Property Description
21519 Norwalk Blvd is a perfect opportunity for a owner-user looking for a fair-priced building on a busy street location and equally well-positioned for a savvy investor to gain retail space with significant rental upside potential nearby the booming Hawaiian Gardens Casino. The property is currently fully occupied by an income tax professional in one unit and a boutique store in the other. This section of Norwalk Blvd in Hawaiian Gardens sees an average of +/- 26,000 cars driving by daily, making it a high-visibility location for prospective tenants or new business owners. With minor updates and strategic tenant placement, this building could see a 268% upside in value. Give us a call with any questions or interest. This property is well-priced for the area and we expect it to move quickly so get an offer in as soon as possible.
Location
State CA
County Los Angeles
Area 54 - Hawaiian Gardens
Zoning HGC4*
Interior
Fireplace No
Exterior
Total Parking Spaces 7
Building
Story 1
Others
Tax ID 7065017016
Special Listing Condition Standard
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Bought with John McCann • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "