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Key Details
Sold Price $1,510,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23043435
Sold Date 06/23/23
HOA Y/N No
Year Built 1954
Lot Size 0.276 Acres
Property Description
We are pleased to present a 12,040 square foot Land Property located one parcel from the signalized corner of Foothill Boulevard and La Crescenta Avenue in beautiful La Crescenta, California. The offering includes a 1,039± square foot retail-office building which can be renovated to house a wide variety of businesses including medical, retail or office. The property has nearly 120’± of frontage on Foothill Boulevard and a width of varying sizes between 100’± to 124’± wide. There is a combined traffic count of 36,000± vehicles per day on the Foothill Blvd and La Crescenta Ave intersection, based on MPSI Estimates.
Although the property benefits from a La Crescenta address, its zoning jurisdiction is aligned with Los Angeles County Department of Building and Safety. The Zoning for this property is C-3 and stands for “General Commercial”. This is the highest commercial zoning available in LA County allowing for a wide variety of commercial uses. The property is also governed by the La Crescenta-Montrose Community Standards which ensure that all designs and plans adhere to preapproved neighborhood specifications and quality.
Ownership has completed a Land Survey, which will be made available to prospective qualified Buyers. Additionally, there are plans for a near 3,000 square foot building which ownership has put on hold temporarily. Both of these documents as well as additional reports are available for a qualified Buyers. At a list price price less than $125/SF for land, this offering is a bargain for someone who wants to be in the La Crescenta market.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Irregular Lot, Rectangular Lot, Street Level
Water Public
Others
Tax ID 5803012025
Financing Conventional
Special Listing Condition Standard
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Bought with Krikor Garabedian • Keller Williams R. E. Services