$2,075,000
$2,100,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
5,764 Sqft Lot
SOLD DATE : 11/16/2022
Key Details
Sold Price $2,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22195360
Sold Date 11/16/22
HOA Y/N No
Lot Size 5,764 Sqft
Property Description
RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity! Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvd plus 5 units (one 2 bedrooms and four 1 bedroom). The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easy access to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to the entire region. The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Seller needs to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a better cash flow and will have enough time to increase the rents.
RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity! Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvd plus 5 units (one 2 bedrooms and four 1 bedroom). The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easy access to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to the entire region. The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Seller needs to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a better cash flow and will have enough time to increase the rents.
Location
State CA
County Los Angeles
Area La Crescenta (91214)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories Split Level
Others
Monthly Total Fees $90
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Bought with Arthur Mangassarian • Re/Max Tri-City Realty