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$999,999
Est. payment /mo
2,955 SqFt
UPDATED:
02/06/2025 02:21 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,955 sqft
Price per Sqft $338
MLS Listing ID CRDW25014897
HOA Y/N No
Year Built 1954
Lot Size 7,586 Sqft
Acres 0.17
Property Sub-Type Mixed Use
Property Description
Prime mixed-use investment opportunity featuring three side-by-side parcels (APN #6343-022-027 through 029) with approximately 7,586 sq ft of total lot space. Located in a thriving business district of Montebello, this property includes two storefronts totaling approximately 1,875 sq ft (It was a barber shop and a beauty shop currently it is divided into two studios), the two-story building directly behind it consists of two studio apartments for additional rental income, The first floor is supposed to be commercial or retail. a two-car garage, and a dedicated parking lot spanning approximately 2,520 sq ft. The lot dimensions are approximately 75 ft of frontage by 100 ft in depth. All tenants are month-to-month, offering flexibility for new ownership. The buyer has the option to request all units to be vacant. This property is situated next to a closed carwash, which has the potential to reopen pending approval from the city—additional details available upon request. This is an excellent opportunity for redevelopment or immediate income generation. At the same time, you submit plans to the building department for approval. Buyers using 51% or more of the property may qualify for an SBA Loan with only 10% down. Don’t miss OUT! Submit all offers today!
Location
State CA
County Los Angeles
Zoning MNC2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6343022028
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Listed by Ricardo Ceballos Jr. • Circle Real Estate