$2,560,000
$1,500,000
70.7%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 12/25/2024
Key Details
Sold Price $2,560,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24031905
Sold Date 12/25/24
HOA Y/N No
Year Built 1964
Lot Size 0.284 Acres
Property Description
We are delighted to present a unique investment opportunity in the vibrant city of San Fernando. This prime location commercial property houses two productive auto repair shops, making it an attractive asset for those looking to invest in established businesses. Situated in a high-traffic area, this property enjoys excellent exposure to both local and passing traffic. This visibility, combined with the reputation of the existing auto repair businesses, ensures a steady stream of customers and consistent business activity. The two auto repair shops are long-standing tenants, providing you with a reliable and immediate source of rental income. Each shop is fully equipped and operational, with ample workspace, parking lots, and customer waiting areas.
Located in a bustling part of the city, this property is surrounded by other businesses and residential areas, further enhancing its appeal and customer base. Its prime location and established tenants make this an excellent addition to any commercial portfolio. This is your chance to own a piece of San Fernando's thriving commercial scene. Don't miss out on this exciting opportunity. Contact us today for more information or to schedule a viewing.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Zoning LAC2
Interior
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Present Use Commercial
Building
Lot Description Flat
Story 1
Water Public
Others
Tax ID 2611010022
Acceptable Financing Cash, Cash to New Loan, Government Loan
Listing Terms Cash, Cash to New Loan, Government Loan
Financing Cash
Special Listing Condition Standard
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Bought with Gerardo Jerry Ascencio • Mission Real Estate
"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