$1,200,000
$1,500,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
940 W Industrial ST Azusa, CA 91702
0.45 Acres Lot
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22094474
Sold Date 09/15/22
HOA Y/N No
Year Built 1956
Lot Size 0.451 Acres
Property Description
There are six units, each 1,000 square feet. All the leases are month to month, so the new owner can either use a portion of the building or the entire building. Owner/User can use 51% of the building and may qualify for SBA financing using only 10% down. Upside potential rents are about 35% under market. Vist the property website and download the offering memorandum.
Location
State CA
County Los Angeles
Area 607 - Azusa
Interior
Fireplace No
Laundry None
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 8605019412
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with John Gessford • First Team Estates