7721 Pacific BLVD new

Huntington Park,CA 90255

$ 1700000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25028801

Year Built 1950

Lot Size 0.285 Acres

Property Sub-Type Mixed Use

Property Description

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.

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)

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

Building

Lot Description 6-10 Units/Acre,Corner Lot,Landscaped,Near Public Transit

Story 1

Water Public

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

View More
Favorite Go Tour