UPDATED:
02/19/2025 10:57 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25028801
HOA Y/N No
Year Built 1950
Lot Size 0.285 Acres
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning LC-C3
Interior
Heating None
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Fence Block, Wood, Wrought Iron
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Roof Type Flat,Other,Shingle
Present Use Commercial
Total Parking Spaces 8
Building
Lot Description 6-10 Units/Acre, Corner Lot, Landscaped, Near Public Transit
Story 1
Water Public
Others
Tax ID 6201034022
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
