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For Sale

$788,000

5,371 sqft$147/sqft171 days on market

11912 Rosecrans Ave Ave

Norwalk, CA 90650

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

5,371

Square feet

1957

Built

Listing narrative

Description

BIG DISCOUNT! It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 Sqft each. Juice Bar business has been in this business for 10 yr, Gross Rent is $2,091.00 (Base Rent + CAM) a month. Beauty & Lash Business, Gross Rent is $2000.00 (Base Rent +CAM) a month. The Tax office unit is vacant. This unit has been used as an office for five years. There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size. The property’s roof has been totally renovated. The copper water supply lines from the city main terminal were replaced and rerouted to all 3 units. Electrical wiring in all units inspected and all 3 outdated electrical breaker panels replaced. This small strip is located on highly visible Rosecrans Avenue and ideally surrounded by established residences with retirees where there’s growing demand for personal services like hair salons, barber, nail shops, Ballon & Party Supplies. Insurance, income tax, DMV offices, low-cost takeout foods and drinks etc. Rent right now is lower than market. The seller is motivated to sell.

Listing agent (MLS): Yumei Sun · Listing brokerage (MLS): Loyal Property

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$788,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

5,371 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1957

Status

For Sale

Days on Market

171

$ / Sqft

$147

· 8% down, 7% APR, 30yr fixed
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Courtesy of Loyal Property