3
See all 3 photos
$1,429,000
Est. payment /mo
0.3 Acres Lot
New
11460 Ramona BLVD El Monte, CA 91731
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UPDATED:
12/19/2024 06:04 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24245706
HOA Y/N No
Year Built 1949
Lot Size 0.298 Acres
Property Description
Great Bread and Butter investment property. **Prime Investment Opportunity on Bustling Ramona Blvd** Occupied for over 40 years, currently an Auto Body Repair and SFR rental, which uses can continue beyond a sale transfer with CUP approval. Welcome to 11460/11464 Ramona Blvd, situated in the heart of El Monte's thriving business district. The ~3,376 square feet of Industrial/Residential buildings sit on a generous ~0.3 acre lot, providing ample space for various business ventures. The recent zoning upgrade to C3 [See Division 4 - Chapter 17.40 - Commercial Zoning Districts] presents an exciting opportunity for investors and owner-users alike. **Key Highlights:** Strategically positioned near the corner of Ramona Blvd and Peck Road, just behind the Walgreens Center, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial. The flexible C3 zoning allows for a variety of uses, making it ideal for retail, office, or commercial/mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities. **Schedule a viewing today and unlock the potential of this prime investment property!**
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning C3
Interior
Fireplace No
Laundry None
Exterior
Present Use Industrial,Residential
Building
Story 1
Water Public
Others
Tax ID 8567024006
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Paul Bontempo • First Team Real Estate - OC • 714-719-5459
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