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Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 315006234
Sold Date 10/21/15
HOA Y/N No
Year Built 1951
Lot Size 0.464 Acres
Property Description
Up for sale is this fantastic opportunity to own 3 separate parcels consisting of commercial, residential and vacant land for a bargain price. Parcel one is a vacant land (7436 sq.ft.) of prime residential land APN: 5803-012-006 on the corner of Sharon and Sanborn. Parcel 2 (commercial only) 2723 Foothill is currently leased by The Design Center. it's 1674 sq.ft. on 5994 lot and has no lease, month to month rental. Parcel 3 (2719 Foothill) is commercial/residential combo consisting of small commercial offices in the front (approx.400 sq.ft.) and residential house in the back (approx. 1000 sq.ft.) 2 bed/1 bath. None of these are on leases, month/month. These 3 parcels might be able to be combined for some sort of development potential, buyer to check with city, total rents are extremely low, total rent for all 3 properties is $2900, rents should be $7000+, combined lots are 20,234 Sq.ft.. All 3 properties to be sold together, APN's: 5803-012-004/005/006 AS-IS, all cash.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning LCC2
Interior
Flooring Carpet, Concrete, Wood
Fireplace No
Exterior
View Y/N No
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Tax ID 5803012004
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Jane Kwon • Dream Realty La Crescenta