$1,100,000
$1,150,000
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SOLD DATE : 07/11/2016
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR16071064
Sold Date 07/11/16
HOA Y/N No
Year Built 1924
Property Description
Great investment opportunity in Central Business district of Monterey Park. High traffic location across from the main post office. Currently being used as an educational academy. There are 6 office rooms, 3 restrooms, and 1 kitchen area. There are 2 separate buildings. Title shows 2,112sf. Size may be larger than what's on title. Buyer to verify. Annual revenue is $61,200. Offering is for 2 lots for a combined square footage of 8,957sf. Property is zoned C-B with lots of potential. APN: 5256-013-030, -031. Current tenant paying $61,200 per year or $5,100 a month in rent. Probate Sale. Sale is for real estate and land only. Offers due by April 30th.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Building
Water Public
Others
Tax ID 5256013031
Financing Cash
Special Listing Condition Probate Listing
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Bought with John Man • Man Investment Group
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