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$1,650,000
Est. payment /mo
0.26 Acres Lot
Price Dropped by $50K
8923 Mission DR Rosemead, CA 91770
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25568977
HOA Y/N No
Year Built 1998
Lot Size 0.258 Acres
Property Description
POTENTIAL FOR OWNER-USER - CURRENT TENANT IS MONTH TO MONTH. Buyer to verify potential to be used as MEDICAL OFFICE, RESTAURANT, TUTORING CENTER, 2 RETAIL OR OFFICE SUITES, AND MUCH MORE. Rare opportunity to purchase a Commercial property in the heart of Rosemead! Located near the intersection of Mission Dr and Rosemead Blvd, this 4,020 SF property sits on 11,241 SF and offers 16 parking spaces. Amazing location near Rosemead High School and In and Out. An excellent investment with future owner-user or value add potential. The current tenant has 25 plus years in this location and their lease just converted to month-to-month. Tenant would like to stay long term. The owner opted to convert the tenant to a month-to-month status, as it allows a Buyer to negotiate a new lease with the existing tenant, OR terminate with a 60 day notice and either owner-occupy or re-lease the property at market rate. The property is currently occupied by one tenant but may have the potential to be leased to two separate tenants.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning RMC1*
Interior
Heating Central
Fireplace No
Laundry None
Exterior
Roof Type Flat
Total Parking Spaces 16
Building
Lot Description Corner Lot
Story 1
Others
Tax ID 5389017005
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Special Listing Condition Standard

Listed by Dana Coronado Compass