Walnut Park FOR SALE


Huntington Park, CA - Walnut Park
$1,700,000 USD
949-308-5775
, Huntington Park, CA for Sale
$1,700,000 USD
FOR SALE
1/9
null | 6.5% Cap Rate

Walnut Park
Huntington Park, CA
Walnut Park


HIGHLIGHTS

  • Well Located in Walnut Park near Huntington Park, South Gate, Downey, Schools, Parks, and tons of Restaurant & Shops.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Brian NohNOHCO Real EstateMore Info
949-308-5775

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Brian NohNOHCO Real EstateMore Info
949-308-5775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.