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A Professional Commercial Building for sale in the City of Montebello one block west from Garfield Ave., close to 60 Freeway and 20 minutes to Los Angeles Downtown Area. These three buildings have a total 6 units with different types of business which are currently operating as follows: Dental Office, Insurance Office, Chiropractic Office, Rehabilitation Office, Counseling Office, and Beauty Salon. A few of the tenants have been in the building approximately 10 years. All tenants are paying NNN rent. This very well-located building will give the opportunity to the new owner, user or investor to have an investment property in a huge lot with 26 parking spaces for their tenants and customers. According to the City of Montebello Building and Safety Department the approximate square foot property is 9,734 (attached City information). THE PROPERTY HAS 12 COVER PARKING SPACES behind the 3rd building by the alley access with doors and fences.? If the rent increases according to the current market value, the cap rate will go up to 6.05%. There is a supplement link in this listing showing the Commercial Real Estate Rent Roll. Property is located a few blocks from East Los Angeles to Pico Rivera, City of Commerce, and San Gabriel Valley with easy access to 60, 710, 10, 5 Freeways. SELLERS ARE MOTIVATED TO SELL THIS 6 UNITS COMMERCIAL PROPERTY. MLS® ID: MB22021075 Listed: 1/31/22 Updated: 10/14/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Exterior/Building Features Lot Size: 0.39 acres lot Lot Details: Corner Lot Other Property Details Area Name: 674 - Montebello Garage: No Parking: N Parking Total: 26.0 View: N County: Los Angeles Water Source: Public Pool: No Courtesy of GEORGE MICHAEL REALTY, ALFREDO GUERRA, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/14/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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