11912 Rosecrans Ave, Norwalk, CA 90650
List Price: $890K
Listing Status: Active
Original List Price: $928K
0Days on Market: 4
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1957
Lot Size: 5,373 sq ft
MLS Number: OC26109352
About This Property
It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 sq. ft. each. The Tax office unit has been in business for 5 years. Juice Bar business has been in this business for 10 yr. The vacant hair salon had been in business for 10 years until the tenant decided to retire. There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size. Juice Bar and Tax Office are Base Rents $1,094.00+CAM $750.00 each a month. Hair Salon used to be $2273 a month. The property’s roof has been totally renovated. The copper water supply lines from the city main terminal were replaced and rerouted to all 3 units along with broken main drain under sidewalk. Electrical wiring in all units inspected and all 3 old and outdated electrical breaker panels replaced. This small strip is located on highly visible Rosecrans Avenue and ideally surrounded by established residences with retirees where there’s growing demand for personal services of hair salons, barber, nail shops, insurance, income tax, low cost takeout foods and drinks etc. Rent right now is lower than market.
Listing provided by: Yumei Sun DRE #01357230 626-964-8325 yumeisun2023@gmail.com, Loyal Property
Source: CRMLS, MLS #: OC26109352
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.