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$2,150,000
Est. payment /mo
8,868 Sqft Lot
UPDATED:
12/05/2024 01:00 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS23023969
HOA Y/N No
Year Built 1934
Lot Size 8,868 Sqft
Property Description
APPROXIMATELY 9,000 SF LCM1 ZONED STRIP RETAIL BUILDING.
LOCATED AT THE SIGNALIZED CORNER OF WHITTIER BLVD. & KERN AVE., WITH
APPROX. 60 FT OF FRONTAGE ALONG WHITTIER BLVD.
LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH GREAT FOOT & CAR
TRAFFIC COUNTS; 26,000 CARS PER DAY.
GOOD DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS &
OVER 280,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
GREAT OPPORTUNITY FOR AN OWNER/USER OR INVESTOR WITH A TENANT(S) IN
MIND AND UPSIDE IN RENTS. MANT POTENTIAL. LOWER THAN CURRENT MARKET RATE.
THERE IS A POSSIBILITY THAT THIS AREA WILL BE CONVERTED INTO ZONING THAT CAN BUILD RESIDENTIAL FACILITIES, ETC. IN THE FUTURE.
PLEASE DO NOT DISTURB TO OCCUPANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION.
LOCATED AT THE SIGNALIZED CORNER OF WHITTIER BLVD. & KERN AVE., WITH
APPROX. 60 FT OF FRONTAGE ALONG WHITTIER BLVD.
LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH GREAT FOOT & CAR
TRAFFIC COUNTS; 26,000 CARS PER DAY.
GOOD DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS &
OVER 280,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
GREAT OPPORTUNITY FOR AN OWNER/USER OR INVESTOR WITH A TENANT(S) IN
MIND AND UPSIDE IN RENTS. MANT POTENTIAL. LOWER THAN CURRENT MARKET RATE.
THERE IS A POSSIBILITY THAT THIS AREA WILL BE CONVERTED INTO ZONING THAT CAN BUILD RESIDENTIAL FACILITIES, ETC. IN THE FUTURE.
PLEASE DO NOT DISTURB TO OCCUPANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LC-M1
Interior
Fireplace No
Laundry None
Exterior
Fence None
Roof Type Wood
Present Use Commercial,Investment
Building
Lot Description Corner Lot, Rectangular Lot
Water Public
Others
Tax ID 5240002014
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 Steve Park • Pacific Investment Group • 7143292429
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