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13226 Rosecrans, Norwalk, CA 90650
Priced at Only: $1,699,000
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Address: 13226 Rosecrans, Norwalk, CA 90650
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  • MLS#: CV26012252 ( Retail )
  • Street Address: 13226 Rosecrans
  • Viewed: 3
  • Price: $1,699,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 86
  • Additional Information
  • County: LOS ANGELES
  • City: Norwalk
  • Zipcode: 90650
  • Provided by: REALTY ONE GROUP EMPIRE
  • Contact: Marisela Marisela
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional Income Producing Investment Property for Sale with so much potential. Do not miss this rare opportunity to acquire a well established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income producing potential. The main building is a well maintained restaurant prominently located on the corner of high traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income. The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month to month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight. The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential. Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.
Features
Building Area Total
  1. 5500.00
Commoninterest
  1. None
Country
  1. US
Laundry Features
  1. None
Netoperatingincome
  1. 91000.00
Parcel Number
  1. 8070020038
Property Type
  1. Retail
Water Source
  1. Public
Year Built
  1. 1925
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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