$1,856,000
$1,975,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
0.4 Acres Lot
SOLD DATE : 09/15/2022
Key Details
Sold Price $1,856,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22074122
Sold Date 09/15/22
HOA Y/N No
Year Built 1956
Lot Size 0.403 Acres
Property Description
This location is outstanding! HIGH TRAFFIC COUNT. Next to the HISTORIC McDonalds with those classic Golden Arches. Investment opportunity with extraordinary visibility and great exposure for this commercial corner with off the charts vehicle traffic. Income and development possibilities abound! Existing two-unit commercial buildings sits next to its sister property with 3 commercial units and a spacious single-family residence. Properties sold together inclusive of this listing price, for a total of 5 commercial units and a wonderful, updated, single family home. Seller has architectural plans to develop the corner. SEE the listing on 10210 Bellman which is sold with this property. Commercial possibilities may include restaurant, hair salon, retail – possibilities are endless! One Unit on Florence is currently vacant. Next door property has three commercial units of which two are vacant. Square footage and lot sizes include the three buildings and three lots. Two units about 960 Sq. Ft. Three units about 630 Sq Ft each. Home about 1870 sq feet. Sizes are estimated and should be confirmed.
Location
State CA
County Los Angeles
Area D1 - Northeast Downey, N Of Firestone, E Of Downey
Interior
Cooling None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6252001020
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Elaine Denham • Berkshire Hathaway H.S.C.P.
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