7721 Pacific Boulevard Pending

Huntington Park,CA 90255

$ 1700000

- Bed

- Bath

7002 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 7,002 sqft

Price per Sqft $242

MLS Listing ID CROC25028801

Year Built 1950

Lot Size 0.285 Acres

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

Interior

Heating None

Cooling Central Air,Window Unit(s)

Building

Water Public

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