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    5808 Monterey Road

    Los Angeles (City), CA 90042
    • $1,495,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: TR20073323
    $1,495,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $311
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Attention Developer and Business Owners! This commercial flex space is located in the commuter friendly neighborhood of Hermon District, off the 110 FWY Ave 60 exit, just south of Highland Park, west of South Pasadena, and 15 minutes driving distance to Downtown Los Angeles and Koreantown. To demonstrate the flexibility of this location, within the same LARD1.5 zoning, expect to find nearby properties consist of multifamily, office building, condo development projects, and religious facilities, thus abundance of usages and potential development projects are possible upon city planning approval. The property is also situated in the county declared Enterprise Zone (EZ) to provide business owner tax credit, expense deductions, and more! The immediate street frontage from Monterey Rd, local established retail traffic from Fresco Market, and immediate nearby residential residents can be some of the retail characteristics to consider. Additional retail market report and infographics are available upon request. Currently used as office suites by owner with a large rear lot for parking, owner will vacate upon close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-05T00:26:24.98. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/105169001

    5808 Monterey Road Los Angeles (City), CA 90042

    • Price: $1,495,000
    • Status: Active
    • ID#: TR20073323
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    4,800
    SQFT
    $311
    $/SQFT
    1924
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    Attention Developer and Business Owners! This commercial flex space is located in the commuter friendly neighborhood of Hermon District, off the 110 FWY Ave 60 exit, just south of Highland Park, west of South Pasadena, and 15 minutes driving distance to Downtown Los Angeles and Koreantown. To demonstrate the flexibility of this location, within the same LARD1.5 zoning, expect to find nearby properties consist of multifamily, office building, condo development projects, and religious facilities, thus abundance of usages and potential development projects are possible upon city planning approval. The property is also situated in the county declared Enterprise Zone (EZ) to provide business owner tax credit, expense deductions, and more! The immediate street frontage from Monterey Rd, local established retail traffic from Fresco Market, and immediate nearby residential residents can be some of the retail characteristics to consider. Additional retail market report and infographics are available upon request. Currently used as office suites by owner with a large rear lot for parking, owner will vacate upon close of escrow.
    Exterior Features

    Construction Materials FrameShingle Siding Lot Features Walkstreet Lot Size Source See Remarks Lot Size Units Square Feet Roof Flat

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels Description 5301011017 Additional Parcels YN Yes Asset Class Office Building Area Units Square Feet Building Status Existing Country Us Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Office Special Listing Conditions Standard Water Source Public Year Built Source Assessor Zoning Lard1.5/Enterprise Zoning

    Listing provided courtesy of Willie Kuo of Exp Realty Of California Inc and Julia Zhao of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-05T00:26:24.98. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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