Address
10952 Main Street El Monte, CA
Price
$ 980,000
Property Attributes
  • MLS#WS20172723
  • TypeCommercial
  • CountyLOS ANGELES
  • CityEl Monte
  • AreaEl Monte
  • Zip91731
  • StyleRetail
  • Price$ 980,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3735
Listing Provided Courtesy Of:
FRANKLIN SHEN with REALTY ADVISORS INTL, INC..
Property Description

Excellent opportunity for an owner-user or investor. An attractive store building located amidst the hustle and bustle of Valley Mall, the historical commercial corridor in downtown El Monte. The building sits on a large lot adjoining the free public parking lot. Almost fifty-feet of glass store front along the Main Street presents great curb appeal. The storefront has two entrances and can be easily divided into two units. Renovated and updated interior features open high ceiling, upgraded lighting, and laminated floor. Very convenient location with heavy foot traffic and dense residential population in the immediate trade area. The building's C2 zoning allows a wide variety of uses. Valley Mall has been undergoing a multi-year urban revitalization under the city's Downtown M.ain Street Transit-Oriented Development Specific Plan. The ultimate goal is to transform the Downtown into a central shopping and entertainment district that contains retail stores, neighborhood services, office spaces, and restaurants with outdoor dining; complemented by broad sidewalks, plazas and parks designed with music and performance areas. Up to 2,200 residential units and 500,000 square feet of commercial space will be developed by the year 2035. With historically low interest rate, it is the perfect time to own a piece of the gentrifying area at below replacement costs.

Price History
8/23/2020 Listed $1,050,000
9/17/2020 7% - $980,000

General Features

Building Name Valley Craft
Business Type Retail
Directions A part of the Valley Mall retail center. South of Valley Blvd, east of Santa Anita Avenue.
Heating Forced Air
Listagentaor West San Gabriel Valley
Listing Agent FRANKLIN SHEN - BRE#01174066
Listing Agent State License 01174066
MLS Area 619 - El Monte
Price Per Square Foot 262.38
Property SubType Retail
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Utilities Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Interior Features

Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features None
Total Stories 1

Exterior Features

Building Area Total 3735.00
Land Use Retail
Lot Size Source Assessor
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91731

Price
AVG $1.01M
$980K
Visits
AVG 55
100
Year Built
AVG 1968
1925

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