$2,400,000
$2,690,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 10/28/2024
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24191982
Sold Date 10/28/24
HOA Y/N No
Year Built 1957
Lot Size 0.309 Acres
Property Description
This exceptional property, approximately 4,987 square feet, on a 13,476 sqft lot offers a premier location for a restaurant. The space is fully equipped with all necessary restaurant equipment, a full-service bar, and 22 dedicated parking spaces, ensuring convenience for both patrons and staff.
Included in the property is a one-bedroom unit, ideal for additional rental income or as a living space for the owner or employees. The venue also features a stage previously used for live entertainment, complete with an entertainment license (subject to City approval for transfer to the new owner).
Situated just one block north of Mission Rd, the location benefits from its proximity to a new mixed-use development currently under construction. This development is expected to enhance the area’s appeal and drive additional foot traffic to the restaurant. Don’t miss this chance to secure a superior restaurant location with great potential for growth and success
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning C3
Rooms
Other Rooms Living Quarters
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Total Parking Spaces 22
Building
Lot Description Level, Near Public Transit, Paved, Rectangular Lot, Walkstreet
Story 1
Water Public
Additional Building Living Quarters
Others
Tax ID 5368014024
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Trade
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Li Wang • New Century Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "