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Key Details
Sold Price $1,606,500
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR20262427
Sold Date 05/25/21
HOA Y/N No
Year Built 1981
Lot Size 0.450 Acres
Property Description
Very high and reliable rental income plus a good lease terms. Tenant pays the property tax. Located near the corner of Garvey Ave. and San Gabriel Blvd. adjacent to Great Wall Supermarket. Tenant is US Postal Office and has been there for 40 years. Rent $80,000 per year for 5 years starting 10/01/21. Corner lot. Lot size is approximately 215 feet wide and 90 feet deep. All information provided deemed reliable but not guaranteed. Current rent is $70,000 per year.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning RMC3
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 32
Building
Lot Description Corner Lot
Story 1
Water Private
Others
Tax ID 5284001029
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with JOYCE LIANG • J HARVEST ENTERPRISES, LLC.
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