$388,800
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18856 Norwalk BLVD Artesia, CA 90701
1.64 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19200961
Year Built 1985
Lot Size 1.640 Acres
Property Description
Commercial CONDO style building!
Located in a very busy retail center, recommended use for
Coffee shop/ Bakery Shop/ Dental Office/ CPA, Lawyer office/ Tofu house/ Nail Shop/ Chiropractor's office / Acupuncture Clinic/ Counseling Office ETC.
The average rate for this type of property rent in the area is about $3,000 net rent fee
Owner/ User or investor could easily grab an amazing income potential
as in the CAP rate will reach up to 9.25% at a $3,000 net rent fee.
Flexible opportunity for high income potential awaits for you.
Location
State CA
County Los Angeles
Area Rc - Artesia
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Special Listing Condition Standard
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Bought with Vincent Kim • Redpoint Realty