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. Well Located in Walnut Park near Huntington Park, South Gate, Downey, Schools, Parks, and tons of Restaurant & Shops.
MLS # | OC25028801 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Pending |
Year | 1950 |
Days On Site | 123 |
Listing Provided By | Nohco Real Estate | Brian Noh |
SQ Feet | 7,002 |
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Story(s) | 1 |
Units | 7 |
Building(s) | 2 |
Zoning | LC-C3 |
Acreage | 0.28 |
Cooling | Central Air, Wall Window Units |
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Heating | None |
Heating Yes / No | No |
Cooling Yes / No | Yes |
Roof | Flat, Other, Shingle |
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Security Features | Smoke Detectors |
Construction Materials | Stucco |
Lot Features | Six To Ten Units Acre, Corner Lot, Landscaped, Near Public Transit |
Fencing | Block, Wood, Wrought Iron |
Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available |
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State | CA |
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County | Los Angeles |
City | Huntington Park |
Zip Code | 90255 |
Area | T5 WalnutPk | HuntPk | Bell N of Florence | and Cud |
Listing VS Median (in 90255) | |
Price: $1,700,000 low | high Med: $777,500 SqFt: 7,002 low | high Med: 1,955 $ / SqFt: $243 low | high Med: $419 On site: 123 low | high Med: 28.000000 |