$1,483,075
$1,499,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 10/21/2024
Key Details
Sold Price $1,483,075
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $617
MLS Listing ID AR24187105
Sold Date 10/21/24
HOA Y/N No
Annual Tax Amount $2,000
Tax Year 2024
Lot Size 2,914 Sqft
Acres 0.0669
Property Description
**Prime Commercial Property in Vibrant Eagle Rock**
Opportunity knocks with this exceptional commercial property located in the bustling neighborhood of Eagle Rock. Boasting a generous 2,400 sq. ft. interior retail area, this multi-tenant gem is an ideal investment for savvy buyers seeking a thriving business environment. Key Features Include:
Multi-Tenant Building, Annual Lease Increases, Long-Term Tenants, Vibrant Area, High Foot Traffic, Separate Parking Lot & Established Area!
Enjoy a diversified income stream with multiple established tenants already in place, ensuring consistent rental income. Benefit from built-in financial growth with annual lease increases, maximizing your return on investment. Situated in the heart of Eagle Rock, take advantage of the heavy foot traffic as this property is surrounded by a thriving community, offering an energetic atmosphere and a strategic location for businesses. The convenience of a dedicated parking lot enhances accessibility for both tenants and their customers, adding significant value to the property.
This commercial property is a rare find in a high-demand area, offering excellent growth potential and a robust foundation of established businesses. Don't miss out on this incredible investment opportunity in Eagle Rock!
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAC4
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Total Parking Spaces 6
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 5474003022
Financing Cash
Special Listing Condition Standard
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Bought with Gabriel Chahinian • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner