Prime mixed-use investment opportunity featuring two side-by-side parcels (APN #6343-022-028 and 029) with approximately 5,053 sq ft of total lot space. Located in a thriving business district of Montebello, this property includes storefronts (It was a barber shop and a beauty shop; currently it is divided into two studios), the two-story building directly behind it consists of two studio apartments for additional rental income, The first floor is supposed to be commercial or retail. a one-car garage, and a dedicated parking lot spanning approximately 2,515 sq ft. The lot dimensions are approximately 50 ft of frontage by 100 ft in depth. All tenants are month-to-month, offering flexibility for new ownership. The buyer has the option to request all units to be vacant at the close of escrow. This property is situated next to a closed carwash, which has the potential to reopen pending approval from the city additional details available upon request. This is an excellent opportunity for redevelopment or immediate income generation. At the same time, you submit plans to the building department for approval. Buyers using 51% or more of the property may qualify for an SBA Loan with only 10% down. Don t miss OUT! Submit all offers today!
- Age: Over 50 Years Old
- Architecture Style: Other