$788,000
11912 Rosecrans Ave
Norwalk, CA 90650
1957
Year Built
Los Angeles
County
Retail
Property Type
About this home
BIG DISCOUNT! It can be used as an investment or for personal use This storefront retail property consists of three tenants with 750 Sqft each. Juice Bar business has been in this business for 10 yr, Gross Rent is $2,091.00 (Base Rent + CAM) a month. Beauty & Lash Business, Gross Rent is $2000.00 (Base Rent +CAM) a month. The Tax office unit is vacant. This unit has been used as an office for five years. There are five parking stalls plus one handicap parking in the back. The units are very easily rented due to the small unit size. 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 repaired. Electrical wiring in all units inspected and all 3 outdated electrical breaker panels replaced.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 like hair salons, barber, nail shops, Ballon & Party Supplies. Insurance, income tax, DMV offices, low-cost takeout foods and drinks etc. Rent right now is lower than market. The seller is motivated to sell.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$4,194/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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