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$ 1,350,000
Est. payment | /mo
0.27 Acres Lot
$ 1,350,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26110462
Lot Size 0.268 Acres
Property Sub-Type Lots/Land
Property Description
Rarely does a property combine immediate income potential with this level of long-term development upside. Located in the heart of Montebello's bustling downtown core, this fully operating & freestanding restaurant is now available for sale & it's an opportunity serious investors won't want to overlook. Positioned on one of the area's highest foot-traffic corridors, this property benefits from exceptional visibility and daily exposure to a strong volume of pedestrian and vehicular traffic. The freestanding structure offers full autonomy with no shared walls, no strata fees & no compromise. The interior 1,500 sqft, turn-key and fully operational, is equipped with a complete commercial kitchen and professional hood system. Sitting on an expansive 11,777 sqft lot, this property includes a spacious parking area with 20 dedicated spaces, an exceptionally rare feature for a downtown commercial asset. The oversized lot not only supports the current use but opens the door to future expansion and redevelopment. Designated commerical C-2, this property supports a broad range of commercial uses and mixed-use development. Subject to city confirmation, this lot may accommodate the construction of up to 10 residential units. All buyers are encouraged to perform their own due diligence regarding zoning and development permissions.
Location
State CA
County Los Angeles
Direction Corner of 2nd & W Whittier Blvd
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 6349002024
Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract
Listing Terms Cash, Conventional, Exchange, FHA, Land Contract
Listed by Jack Cheng, DRE#01969949 JC Pacific Corp
Nearby Locations
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