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$550,000
Est. payment /mo
5,052 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25014897
HOA Y/N No
Year Built 1954
Lot Size 5,052 Sqft
Lot Dimensions Estimated
Property Sub-Type Mixed Use
Property Description
Prime commercial opportunity in Montebello includes two side-by-side parcels (APN #6343-022-028 and #6343-022-029 PK Lot), totaling approximately 5,053 sq ft of lot space. Located in a high-traffic commercial district, the front building features two storefront units—previously a barber shop and beauty salon, now configured as two studios, but it can easily be converted back to office space. Behind the storefronts sits a two-story structure with two studio apartments, providing additional rental income. The ground level is designated for commercial or retail use. The property also includes a one-car garage and a dedicated parking lot of approximately 2,515 sq ft. Lot dimensions are approximately 50 ft of frontage by 100 ft deep.
All tenants are currently on month-to-month leases, offering flexibility for owner-users or redevelopment. Buyer has the option to request vacant possession at the close of escrow. Bonus Opportunity: The small property located directly east, between the storefront and the adjacent carwash, is also for sale (APN #6343-022-027). MLS number available in private remarks. Adjacent to the property is a closed carwash with potential to reopen, pending city approval—more information available upon request. This is a fantastic opportunity for investors or owner-users looking for income potential while submitting redevelopment plans. Financing Tip: Buyers intending to occupy 51% or more of the property may qualify for an SBA loan with as little as 10% down. Don't miss out—submit your offer today!
All tenants are currently on month-to-month leases, offering flexibility for owner-users or redevelopment. Buyer has the option to request vacant possession at the close of escrow. Bonus Opportunity: The small property located directly east, between the storefront and the adjacent carwash, is also for sale (APN #6343-022-027). MLS number available in private remarks. Adjacent to the property is a closed carwash with potential to reopen, pending city approval—more information available upon request. This is a fantastic opportunity for investors or owner-users looking for income potential while submitting redevelopment plans. Financing Tip: Buyers intending to occupy 51% or more of the property may qualify for an SBA loan with as little as 10% down. Don't miss out—submit your offer today!
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNC2
Interior
Fireplace No
Laundry None
Building
Lot Description No Landscaping
Story 2
Water Public
Others
Tax ID 6343022028
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Special Listing Condition Standard
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Listed by Ricardo Ceballos Jr. • Circle Real Estate • 562-760-2469