$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 24-436291
Sold Date 10/01/24
Year Built 1960
Lot Size 2,516 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 Hawaiian Gardens
Zoning HGC4*
Exterior
Garage Spaces 7.0
Building
Story 1
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
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