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$1,429,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
12/19/2024 06:04 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24245706
HOA Y/N No
Year Built 1949
Lot Size 0.298 Acres
Property Description
Great Bread and Butter investment property. **Prime Investment Opportunity on Bustling Ramona Blvd** Occupied for over 40 years, currently an Auto Body Repair and SFR rental, which uses can continue beyond a sale transfer with CUP approval. Welcome to 11460/11464 Ramona Blvd, situated in the heart of El Monte's thriving business district. The ~3,376 square feet of Industrial/Residential buildings sit on a generous ~0.3 acre lot, providing ample space for various business ventures. The recent zoning upgrade to C3 [See Division 4 - Chapter 17.40 - Commercial Zoning Districts] presents an exciting opportunity for investors and owner-users alike. **Key Highlights:** Strategically positioned near the corner of Ramona Blvd and Peck Road, just behind the Walgreens Center, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial. The flexible C3 zoning allows for a variety of uses, making it ideal for retail, office, or commercial/mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities. **Schedule a viewing today and unlock the potential of this prime investment property!**
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning C3
Interior
Fireplace No
Laundry None
Exterior
Present Use Industrial,Residential
Building
Story 1
Water Public
Others
Tax ID 8567024006
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Paul Bontempo • First Team Real Estate - OC • 714-719-5459
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