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1743 W La Palma Avenue
USD 2,099,000
Property ID: OC24045104
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1743 W La Palma Avenue ,92801
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icon 13068 SqFt
icon Built in 1962
icon USD 161/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
4500
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1962
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Detailed Introduction Of This Home
1741- 1749 W La Palma Introducing a prime commercial property opportunity: a meticulously maintained strip center spanning 4,500 square feet on a generous 13,032 square foot lot. Comprising five fully leased units, this property stands as a lucrative investment on a bustling high-traffic street, promising exceptional visibility and accessibility. Situated in a prime location, this strip center offers a remarkable value-add potential. With most tenant leases transitioning to a month-to-month basis, there is a unique opportunity to optimize returns by adjusting rental rates. Projected to achieve a potential yield of 5.3%, this property is poised for increased profitability. The strategic positioning of this commercial gem not only ensures immediate returns but also holds promising prospects for long-term appreciation. Boasting a new roof and scheduled parking lot repairs in April, the property is poised for enhanced durability and reduced maintenance costs. The property features 14 parking spaces in the front and an additional 10 at the rear, ensuring ample convenience for both tenants and customers. Whether you are an astute investor seeking a steady income stream or someone keen on capitalizing on the potential appreciation of a prime location, this commercial property offers a well-rounded investment opportunity. Don't miss out on the chance to be part of a thriving community with this turnkey strip center that combines immediate stability with future growth potential.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (16)
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1743 W La Palma Avenue
USD 2,099,000 0 Beds
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