Address
10952 Main Street El Monte, CA
Price
$ 980,000
Property Attributes
- MLS#WS20172723
- TypeCommercial
- CountyLOS ANGELES
- CityEl Monte
- AreaEl Monte
- Zip91731
- StyleRetail
- Price$ 980,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3735
Listing Provided Courtesy Of:
FRANKLIN SHEN with REALTY ADVISORS INTL, INC..
Property Description
Excellent opportunity for an owner-user or investor. An attractive store building located amidst the hustle and bustle of Valley Mall, the historical commercial corridor in downtown El Monte. The building sits on a large lot adjoining the free public parking lot. Almost fifty-feet of glass store front along the Main Street presents great curb appeal. The storefront has two entrances and can be easily divided into two units. Renovated and updated interior features open high ceiling, upgraded lighting, and laminated floor. Very convenient location with heavy foot traffic and dense residential population in the immediate trade area. The building's C2 zoning allows a wide variety of uses. Valley Mall has been undergoing a multi-year urban revitalization under the city's Downtown M.ain Street Transit-Oriented Development Specific Plan. The ultimate goal is to transform the Downtown into a central shopping and entertainment district that contains retail stores, neighborhood services, office spaces, and restaurants with outdoor dining; complemented by broad sidewalks, plazas and parks designed with music and performance areas. Up to 2,200 residential units and 500,000 square feet of commercial space will be developed by the year 2035. With historically low interest rate, it is the perfect time to own a piece of the gentrifying area at below replacement costs.
| Price History | |
|---|---|
| 8/23/2020 | Listed $1,050,000 |
| 9/17/2020 | 7% - $980,000 |
General Features
| Building Name | Valley Craft |
|---|---|
| Business Type | Retail |
| Directions | A part of the Valley Mall retail center. South of Valley Blvd, east of Santa Anita Avenue. |
| Heating | Forced Air |
| Listagentaor | West San Gabriel Valley |
| Listing Agent | FRANKLIN SHEN - BRE#01174066 |
| Listing Agent State License | 01174066 |
| MLS Area | 619 - El Monte |
| Price Per Square Foot | 262.38 |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
Interior Features
| Condo Area Unit Type | Square Feet |
|---|---|
| Heating Y/N | Yes |
| Laundry Features | None |
| Total Stories | 1 |
Exterior Features
| Building Area Total | 3735.00 |
|---|---|
| Land Use | Retail |
| Lot Size Source | Assessor |
| Number of Buildings | 1 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 91731
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2021 7:13 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
