1238 S Atlantic Boulevard

    East Los Angeles, CA 90022
    • $445,000
    • STATUS: Active
    • ON SITE: 219 days
    • ID#: AR19079490
    UPDATED: 73 min ago
    $445,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,555
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Excellent Opportunity to Invest in this 2 store fronts retail store. Great visibility on high traffic area of East Los Angeles - Atlantic Blvd with excellent signage exposure. Zoned LCC3. Conveniently located in the heart of East LA, adjacent to Monterey Park. Perfect for owner self-use. Use one and rent out the other one or for purely rental income.2 retail store front units, both of them have their own restroom. This retail stores features with newer roof.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-18T18:29:33.25. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/93656339

    1238 S Atlantic Boulevard East Los Angeles, CA 90022

    • Price: $445,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: AR19079490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,555
    SQFT
    $286
    $/SQFT
    1950
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    Property Description
    Excellent Opportunity to Invest in this 2 store fronts retail store. Great visibility on high traffic area of East Los Angeles - Atlantic Blvd with excellent signage exposure. Zoned LCC3. Conveniently located in the heart of East LA, adjacent to Monterey Park. Perfect for owner self-use. Use one and rent out the other one or for purely rental income.2 retail store front units, both of them have their own restroom. This retail stores features with newer roof.
    Exterior Features

    Lot Features Rectangular LotLevelNear Public TransitWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Ratio 3.86 Parking Total 6.00

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class OfficeRetail Building Area Units Square Feet Building Status Existing Cap Rate 5.00 Country Us Gross Scheduled Income 33600.00 Investment Property YN Yes Land Lease YN No Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 3 Property Sub Type Retail Retail Center Type Mixed Use Special Listing Conditions Standard Water Source Public Year Built Source Assessor Zoning Lcc3

    Listing provided courtesy of Stephen Eng of Convoy Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-18T18:29:33.25. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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