$900,000
$950,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4253 City Terrace DR City Terrace, CA 90063
2,237 SqFt
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,237 sqft
Price per Sqft $402
MLS Listing ID WS22202835
Sold Date 11/15/22
HOA Y/N No
Year Built 1937
Lot Size 4,486 Sqft
Acres 0.103
Property Description
Investment property with future rent upside, or a redevelopment opportunity on City Terrace Drive. Mixed Use or multifamily development can be permitted with a Conditional Use Permit.
Excellent location (close to Cal State University LA, metro station, USC Health Sciences Campus, USC Medical Center, East LA College, and DTLA), and great visibility off City Terrace Drive with strong vehicle count and proximity to 710, 10, and 5 freeways. Current tenant is a convenience store / liquor store. There is also a residential area (2 bedrooms, 1 bathroom, kitchen) in the back. Parking is accessible from the back alley.
Drive by only. DO NOT DISTURBE TENANT
Location
State CA
County Los Angeles
Area Cter - City Terrace
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 5226013011
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Bill J. Yoo • Sky Commercial Realty
GUIDE SoCal
Broker | License ID: DRE#01976964