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Listed by Brian Parsons • Keller Williams Realty
$ 9,000,000
Est. payment | /mo
32,705 SqFt
$ 9,000,000
Est. payment | /mo
32,705 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 32,705 sqft
Price per Sqft $275
MLS Listing ID CRP1-19129
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1990
Property Sub-Type Comm Ind For Sale
Property Description
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
Location
State CA
County Other
Interior
Fireplace No
Building
Water Public
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