$2,950,000
Huge price deduction! Prime location in a highly desirable area at the major street Glendora Ave., neighborhood Cities with West Covina and Hacienda Heights, close to Walmart, Smart & Final Supermarket and an Asian supermarket, Easy Fwy access to Fwy 10 and Fwy 60. This 9-units neighborhood plaza currently 100% leased with 6 tenants, include a Mexican Restaurant, skin care/facial store, massage, hair salon, nail shop and Pasta wholesales. Easy maintenance, landlord doesn't need to pay for the common areas expenses and each tenant has it's own separate electricity, gas and water meters and tenants pay their own utilities, including trash, 4% annual increase in some of units. The building size is 8820 Sf. lot size is 23360 sf. with 196 Sf. wide in frontage, including APN# 8123023003 and 002. There are a lot of parking spaces, front parking and gated side parking. There's loading area in rear, each unit has it's own rear exit door. Buyer to cooperate with seller's 1031 exchange but 1031 EXCHANGE IS NOT THE CONTINGENCY FOR SALE. Note, tenants don't aware of sale, please drive by, do not disturb occupants.
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Listed by KINNY LIN with TREELANE REALTY GRP, INC. (626) 656-2889
Property Type
Retail
Status
Active
MLS Number
WS25116077
Year Built
1957
Lot Size
0.54 acres