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$3,169,999
Est. payment /mo
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26138492
HOA Y/N No
Year Built 1957
Annual Tax Amount $16,958
Lot Size 0.536 Acres
Property Sub-Type Retail
Property Description
Prime location in a highly desirable area at the major street Glendora Ave., neighborhood Cities with West Covina and Hacienda Heights, close to Walmart, Smart & Final Supermarket and an Asian supermarket, Easy Fwy access to Fwy 10 and Fwy 60. This 9-units neighborhood plaza currently 100% leased with 6 tenants, include a Mexican Restaurant, skin care/facial store, massage, hair salon, nail shop and Pasta wholesales. Easy maintenance, landlord doesn't need to pay for the common areas expenses and each tenant has it's own separate electricity, gas and water meters and tenants pay their own utilities, including trash, 4% annual increase in some of units. The building size is 8820 Sf. lot size is 23360 sf. with 196 Sf. wide in frontage, including APN# 8123023003 and 002. There are a lot of parking spaces, front parking and gated side parking. There's loading area in rear, each unit has it's own rear exit door. Buyer to cooperate with seller's 1031 exchange but 1031 EXCHANGE IS NOT THE CONTINGENCY FOR SALE. Note, tenants don't aware of sale, please drive by, do not disturb occupants.
Location
State CA
County Los Angeles
Area 633 - Industry/La Puente/Valinda
Interior
Fireplace No
Laundry See Remarks
Building
Story 1
Water Public
Others
Tax ID 8213023003
Special Listing Condition Standard
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Listed by KINNY LIN TREELANE REALTY GRP, INC. 626-625-5034, DRE #01244019
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TNG Real Estate Consultants
Agent | License ID: 01886242
Agent License ID: 01886242