7715-23 Pacific is located in the highly desirable Walnut Park neighborhood in the County of Los Angeles next to Huntington Park, Ca. This is a rare mixed-use Medical/Office & Retail Building at the NWC of Pacific and Olive. Ideal for an owner/user or investor who would like add value and maximize retail rents.
The property consists of 2 structures divided into 7 rentable units. Three of the units will be delivered vacant with over 58% vacancy, the property qualifies for SBA financing. Most of the leases on MTM allow for a new investor to reposition the entire property and convert leases to NNN.
The building was originally built in 1950 with a total size of 7,002 SF, sitting on 12,401 SF corner lot allowing for good visibility and accessibility with 8 rear parking
spaces in a gated lot. The property is zoned C3 allowing for many uses including medical, near other major developments.