5808 Monterey Rd, Los Angeles, CA 90042
List Price: $1,999,000
3-Unit commercial property for sale in fantastic location in northeast Los Angeles bordering trendy South Pasadena. 5808 Monterey Rd. is a commercial property centrally located in the historic Highland Park district of LA. For any buyer looking to buy in one of LA's hottest commercial and residential real estate markets, this is a unique opportunity! The property consists of two parcels: APN 5301-011-015 has a 3-unit structure with 4800-sqft. and a lot size of 11,164-sqft. APN 5301-011-017 is the adjacent vacant lot with 2627-sqft., making the total lot size for this property almost 14,000-sqft. The building sits prominently along a busy street with high signage visibility. Each unit has 1 bathroom each. It has a deep lot with plenty of parking. The building is currently being used by the owners as an executive office for their home healthcare agency. It will be delivered vacant. It has been with the same owners since 1998. This is a great owner-user property. Zoned LARD1.5, the zoning allows for the development of multi-family dwelling units such as a condominium complex; or simply renovate and turn into any number of office/retail use such as medical office, retail store, professional services or creative office use.
- Year Built: 1924
- Building Size: 4800-sqft
- Lot Size: 13,939 sqft
- Zoning: LAR1.5
- Use Code: Retail
Comments(0)