11912 Rosecrans Ave, Norwalk, CA 90650
11912 Rosecrans Ave, Norwalk, CA 90650
11912 Rosecrans Ave, Norwalk, CA 90650
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$829,000
Est. payment /mo
5,370 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26109352

HOA Y/N No

Year Built 1957

Lot Size 5,370 Sqft

Property Sub-Type Retail

Property Description

BIG DISCOUNT! It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 sq. ft. each.
The Tax office unit has been in business for 5 years. Juice Bar business has been in this business for 10 yr. The vacant hair salon had been in business for 10 years until the tenant decided to retire. There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size. Juice Bar is Base Rent $1,127.00+ CAM $964.00 a month and Tax Office is Base Rent $1,094.00+CAM $750.00 a month. Hair Salon used to be $2273 a month.
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 along with broken main drain under sidewalk. Electrical wiring in all units inspected and all 3 old and outdated electrical breaker panels replaced.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 of hair salons, barber, nail shops, insurance, income tax, low cost takeout foods and drinks etc. Rent right now is lower than market.

Location

State CA

County Los Angeles

Area M1 - Norwalk

Interior

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre, Back Yard

Story 1

Water Public

Others

Tax ID 8073006013

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Yumei Sun Loyal Property 626-588-7759, DRE #01357230

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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11912 Rosecrans Ave

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