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$2,950,000
Est. payment /mo
8,115 Sqft Lot
UPDATED:
12/05/2024 05:18 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24174915
HOA Y/N No
Year Built 1950
Lot Size 8,115 Sqft
Property Description
THIS IS THE 1ST TIME IT HAS BEEN ON THE MARKET IN DECADES. RARE OPPORTUNITY TO PURCHASE A PRIME STOREFRONT ONE STORY COMMERCIAL RETAIL/OFFICE/MIXED USE INVESTMENT OR OWNER USER PROPERTY LOCATED IN THE HEART OF PRESTIGIOUS SAN MARINO NEXT TO THE CITY HALL/POLICE DEPT/FIRE DEPT AND IS SURROUNDED BY RESTAURANTS, FINANCIAL INSTITUTIONS SUCH AS BOA, CHASE, WELLS FARGO, US BANK, EAST WEST BANK & CATHAY BANK AND OTHER PROFESSIONAL OFFICES, WITH EXCELLENT DEMOGRAPHICS, HIGH MEDIAN HOUSEHOLD INCOME, GREAT TRAFFIC EXPOSURE WITH APPROXIMATELY 38,000 CPD. THE BUILDING OFFERS 6 SPACES OF PARKING PLUS ABUNDANT CONVENIENT STREET PARKING INCLUDING THE DESIGNATED PARKING FROM THE CITY AND, TOTAL 5,000 SF IS CURRENTLY DIVIDED INTO TWO(2) UNITS OF WHICH ONE(UNIT #2040-3,375 SF) IS OCCUPIED BY DRY CLEANER AND THE OTHER ONE(UNIT #2050-1,625 SF) IS JUST LEASED TO THE TENANT-SCL SCHOOL(COLLEGE PREP COUNSELLING). THE DRY CLEANER BUSINESS OPPORTUNITY IS INCLUDED IN THE LISTING PRICE AS-IS. VERY AFFLUENT NEIGHBORHOOD AND EASY ACCESS TO FREEWAY 110 AND 210
Location
State CA
County Los Angeles
Area 655 - San Marino
Interior
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Total Parking Spaces 6
Building
Lot Description Rectangular Lot
Story 1
Water Public
Others
Tax ID 5334016013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Jae Yeol Park • Coldwell Banker Best Realty • 714-458-6465