13226 Rosecrans,Norwalk, CA 90650
Norwalk, CA 90650
Description
HUGE PRICE IMPROVEMENT!!!!!!!!!!!!! Exceptional Income Producing Investment Property for Sale with so much potential. Do not miss this rare opportunity to acquire a well-established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income-producing potential. The main building is a well-maintained restaurant prominently located on the corner of high-traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income. The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five-year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month-to-month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight. The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential. Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.
Details
| MLS # | CV26012252 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 233 |
| Listing Provided By | REALTY ONE GROUP EMPIRE | Marisela Herrera |
Features
| SQ Feet | 5,500 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Acreage | 0.44 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $1,599,000 low | high Med: $750,000 sqft: 5,500 low | high Med: 1,193 $ / sqft: $291 low | high Med: $638 On site: 233 low | high Med: 67.5 | |
Market Activity 90650
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Norwalk |
| Zip Code | 90650 |
| Area | M1 Norwalk |
| Listing VS Median (in 90650) | |
Price: $1,599,000 low | high Med: $750,000 sqft: 5,500 low | high Med: 1,193 $ / sqft: $291 low | high Med: $638 On site: 233 low | high Med: 67.5 | |