$2,075,000
$2,100,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
5,762 Sqft Lot
SOLD DATE : 11/16/2022
Key Details
Sold Price $2,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22195360
Sold Date 11/16/22
HOA Y/N No
Year Built 1956
Lot Size 5,762 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.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning LCC2*
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Total Parking Spaces 3
Private Pool No
Building
Lot Description Yard
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5801021021
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Financing Seller Financing
Special Listing Condition Standard
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Bought with Arthur Mangassarian • Re/Max Tri-City Realty