10

2324 S ATLANTIC BLVD Monterey Park, CA 91754

$900,000

Bedrooms

Total Baths

Full Baths

1,250

Square Feet

Acres

1950

Year Built

11 days

On Website

Active

Status

The offering of $900,0000 is a freestanding building located in the City of Monterey Park, Ca., the signalized intersection of Atlantic Blvd. and Riggin Street. Generating income between $5-7,000 monthly, ROI is 9.33% with very low maintence fee. The property is strategically located next to major shopping centers, Staples, The famous Hat restaurant, and ELA College. Retail surrounding with great visibility and signage along Atlantic Blvd. with heavy traffic all day long. This rapid location is an excellent opportunity to create significant value and cash flow by acquiring this building. Retail Store, Freestanding Building, SQFT. 1250, Lot Size 2520SQFT., Tenancy single, 1 story, parking in rear for 12 cars. Zoning is MPC2, Built-in 1950, other use personal services, photography & travel.

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Details


Interior
Living Area
1,250 SqFt.

Building And Construction
Property Sub Type
Business
Property Type
Commercial Sale
Year Built
1950

Utilities
Cooling
Central Air, Electric
Heating
Electric

Area And Schools
City
Monterey Park
County Or Parish
Los Angeles

Financial Info
Buyer Agency Compensation
4%

Listing By EXCELLENCE RE REAL ESTATE – CORINA PREECE

MLS# MB21223161

Data Last Updated 1:09AM - 10/18/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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