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Listed by Brian Noh • Nohco Real Estate
$ 1,700,000
Est. payment /mo
Pending
7721 Pacific Boulevard Huntington Park, CA 90255
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC-25028801
Year Built 1950
Property Sub-Type Mixed Use
Property Description
7715-23 Pacific is located in the highly desirable Walnut Park neighborhood in the County of Los Angeles next to Huntington Park, Ca. This is a rare mixed-use Medical/ Office & Retail Building at the NWC of Pacific and Olive. Ideal for an owner/user or investor who would like add value and maximize retail rents. The property consists of 2 structures divided into 7 rentable units. Three of the units will be delivered vacant with over 58% vacancy, the property qualifies for SBA financing. Most of the leases on MTM allow for a new investor to reposition the entire property and convert leases to NNN. The building was originally built in 1950 with a total size of 7,002 SF, sitting on 12,401 SF corner lot allowing for good visibility and accessibility with 8 rear parking spaces in a gated lot. The property is zoned C3 allowing for many uses including medical, near other major developments. Well Located in Walnut Park near Huntington Park, South Gate, Downey, Schools, Parks, and tons of Restaurant & Shops.
Location
State CA
County Los Angeles
Area T5 - Walnut Pk, Hp, Bell N Florence, Cudahy
Zoning LC-C3
Interior
Heating None
Cooling Central Air, Wall/Window Units
Laundry None
Exterior
Utilities Available Sewer Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Landscaped, Lot 10000-19999 Sqft, Near Public Transit, Corner Lot, 6-10 Units/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944