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$ 4,200,000
Est. payment | /mo
0.51 Acres Lot
$ 4,200,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24185279
HOA Y/N No
Year Built 1976
Lot Size 0.514 Acres
Property Sub-Type Mixed Use
Property Description
Prime commercial opportunity in Monterey Park. Situated at the high-traffic corner lot of S. Atlantic Blvd. and W. Newmark Ave., this property boasts build-in tenant demand, excellent visibility, and significant upside potential for rental revenues with an 85% + occupancy rate. The street-front retail offices offer both convenience and accessibility, including rear parking with 32 spaces and four detached garages.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Heating Forced Air
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 2
Water Public
Others
Tax ID 5257002052
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Poon Choi Chao • Champions Real Estate • 909-831-1347