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    315 N New Avenue

    Monterey Park, CA 91755
    • $3,680,000
    • STATUS: Active
    • ON SITE: 118 days
    • ID#: WS21072776
    UPDATED: 51 min ago
    $3,680,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,203
      SQFT
    • $3,059
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1942
    County:

    School Ratings & Info

    Description

    Investment Highlight:Ideal for owner operatorLocated in the heart of highly desired areaHighly profitable businessSpecial zoning useRedevelopment opportunitySeller retiring after 30 years in businessExecutive Summary:Rare R3 zoned single story property. 2 adjacent lots (APN 5258-007-068, 5258-007-067) plus 1 corner lot (APN 5286-016-046) across the street. Seller is retiring after running this successful pre-school at this location for 30 years. Seller is selling the business personal properties and the real estate together. This portfolio of properties has a lot of potential with current business or redevelopment. This is truly a great opportunity not to miss.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T19:38:02.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/115854564
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    315 N New Avenue Monterey Park, CA 91755

    • Price: $3,680,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: WS21072776
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,203
    SQFT
    $3,059
    $/SQFT
    1942
    Built
    Neighborhood:
    641 - Monterey Park
    County:
    Los Angeles
    Area:
    641 - Monterey Park
    Property Description
    Investment Highlight:Ideal for owner operatorLocated in the heart of highly desired areaHighly profitable businessSpecial zoning useRedevelopment opportunitySeller retiring after 30 years in businessExecutive Summary:Rare R3 zoned single story property. 2 adjacent lots (APN 5258-007-068, 5258-007-067) plus 1 corner lot (APN 5286-016-046) across the street. Seller is retiring after running this successful pre-school at this location for 30 years. Seller is selling the business personal properties and the real estate together. This portfolio of properties has a lot of potential with current business or redevelopment. This is truly a great opportunity not to miss.
    Exterior Features

    Lot Features 2-5 Units/AcreRectangular Lot Sign On Property YN No

    Property Features

    Additional Parcels YN No Business Type Child CareVariety Common Interest None Current Financing None Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public Zoning R3

    Listing provided courtesy of William Wei of Pinnacle Real Estate Group and Elaine Tran of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-04T19:38:02.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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