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2324 S Atlantic Boulevard

Monterey Park, CA 91754
  • $900,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: MB21223161
$900,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Listing provided courtesy of Corina Preece of Excellence Re Real Estate

Description

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T00:26:48.187. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/122185997
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2324 S Atlantic Boulevard Monterey Park, CA 91754

  • Price: $900,000
  • Status: Active
  • On Site: 55 Days
  • ID#: MB21223161
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1950
Built
Neighborhood:
641 - Monterey Park
County:
Los Angeles
Area:
641 - Monterey Park
Property Description
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.
Exterior Features

Construction Materials Stucco Fencing None Lot Features Near Public TransitWalkstreet Roof FlatTile Sign On Property YN Yes

Interior Features

Appliances DryerWasher Building Features Phone SystemTv System Cooling Central AirElectric Cooling YN Yes Heating Electric Heating YN Yes

Property Features

Additional Parcels YN No Business Type Barber/Beauty Common Interest None Current Financing Government Loan Land Lease YN No Laundry Features InsideSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanSubmit Property Sub Type Business Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Security Lights Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T00:26:48.187. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing provided courtesy of Corina Preece of Excellence Re Real Estate