Owner/Use Medical Office & Retail Center
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Owner/Use Medical Office & Retail Center
2 Properties Offered at $2,441,013 CAD in Huntington Park, CA
INVESTMENT HIGHLIGHTS
- Well Located in Walnut Park near Huntington Park, South Gate, Downey, Schools, Parks, and tons of Restaurant & Shops.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7713-7719 Pacific Blvd, Huntington Park, CA 90255 | Retail | 3,468 SF | 1948 | - |
| 7721-7723 Pacific Blvd, Huntington Park, CA 90255 | Office | 3,534 SF | 1950 | - |
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Owner/Use Medical Office & Retail Center
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