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Key Details
Sold Price $950,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $270
MLS Listing ID CV23020398
Sold Date 09/27/23
HOA Y/N No
Year Built 1961
Lot Size 9,069 Sqft
Property Description
We're pleased to present the opportunity to acquire 1114 - 1114 ½ (1116) and 1118 Hacienda Blvd. These four well-maintained units in on 3506 square foot parcel with a 9070 square foot lot. Located in California in the Southwestern part of United States. With great frontage and clear visibility from the street, it benefits from traffic counts of +/- 37,000 VPD on Hacienda Blvd and Fairgrove Ave. +/-12,000 VPD auto passages per day. The property is currently leased by regional and local businesses with a diverse mix of retail, food, and service oriented long-term tenants. Property is equipped with ample parking, with a total of 18 spaces. Here is a great opportunity for an owner user, or a buyer looking for long term passive income. 20 miles east of Downtown Los Angeles, La Puente is home to 37,000 residents. Airports are: Ontario International Airport 32- Minutes- Long Beach-Daugherty Field Airport- 39 Minutes- John Wayne Airport – 47 minutes. Buyer can maximize upside income potential by improving rents to market value.
Location
State CA
County Los Angeles
Area 633 - Industry/La Puente/Valinda
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Total Parking Spaces 18
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 8252022007
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with LISSETTE QUINTANILLA • CENTURY 21 PRIMETIME REALTORS