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Listed by Ricardo Ceballos Jr. • Circle Real Estate
$ 550,000
Est. payment /mo
Pending
Montebello, CA 90640
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW-25014897
Year Built 1954
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 storefront was 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
Laundry None
Building
Lot Description No Landscaping
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944