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Key Details
Sold Price $949,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $675
MLS Listing ID WS23061210
Sold Date 05/24/23
HOA Y/N No
Year Built 1947
Lot Size 0.259 Acres
Property Description
Well-maintained 1,404 square foot office building on a large 11,281 square foot lot in the heart of Rosemead. The building is currently occupied by the Rosemead Chamber of Commerce and publicly-traded Republic Services (RSG). The seller is interested in leasing back on a long-term lease, providing investors with stable cash flow. Close to many amenities and restaurants such as: GW Supermarket, Lee’s Sandwiches, McDonald’s, Rosemead City Hall, Rosemead Library, 888 Seafood, Bank of America, and more. Manicured front yard and 13 parking spaces including ADA space in the back parking lot as well as street parking. Can easily add 2 more parking spaces for 15 spaces total. Front and back reception areas, two dedicated offices, multiple workspaces, two restrooms (one with a shower), and large conference/storage room. The property is zoned commercial C-3, allowing for a wide range of commercial uses.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning C3 with D-O DesignOverlay
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Fence Partial
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Lot Description Back Yard, Front Yard, Paved, Rectangular Lot
Story 1
Water Public
Others
Tax ID 5390010035
Acceptable Financing Cash, 1031 Exchange, Lease Back, Owner May Carry
Listing Terms Cash, 1031 Exchange, Lease Back, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605