12820 Studebaker RD Norwalk, CA 90650

Amazing Free Standing 2-Story Medical Building Development Opportunity for OWNER USER or INVESTMENT. CITY APPROVED PLAN Available and can be shared upon request. Excellent location in City of Norwalk. Walking distance to Coast Plaza Hospital. High Street Visibility from Fwy 105 Off-Ramp and Studebaker Road. Approx. 7,012 SF of Rentable Area and 15,246 SF of Lot Size. Corner Lot. Ample Parking. Based on Approved Plan, 2 Units on 1st Floor and 4 Units on 2nd Floor (Average Size Between 900 sf. to 1,521 sf.). Seller has Completed: City Plan Approved, Demolition most of Interior, Parking Lot Work with New Surface and ADA Compliant (estimate to complete on 7/31/2023). Property needs: New Electrical, Plumbing, HVAC, Modernized Elevator, Exterior and Interior Update.
ZONED FOR: Commercial and Professional (Permitted and Potential USE for: Medical, Indoor Recreation, Minor Utilities, Office, Animal Clinic or Hospital, Restaurant, Retail, Drive-Through.. etc). SEE ATTACHED Zoning Appendices. Seller will consider to Carry Back up to 50% of Purchase Price for 36 months at 6% INTEREST ONLY. **3D Tour Link available: https://my.matterport.com/show/?m=LDETHD88zjB&

*** Property Website available: https://315-digital-media.aryeo.com/sites/12820-studebaker-rd-norwalk-ca-90650-4883711/branded