21
See all 21 photos
$1,699,000
Est. payment /mo
0.44 Acres Lot
Price Dropped by $100K
13226 Rosecrans Norwalk, CA 90650
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26012252
HOA Y/N No
Year Built 1925
Lot Size 0.438 Acres
Property Sub-Type Retail
Property Description
Exceptional Income Producing Investment Property for Sale with so much potential.
Do not miss this rare opportunity to acquire a well-established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income-producing potential.
The main building is a well-maintained restaurant prominently located on the corner of high-traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income.
The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five-year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month-to-month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight.
The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential.
Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.
Do not miss this rare opportunity to acquire a well-established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income-producing potential.
The main building is a well-maintained restaurant prominently located on the corner of high-traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income.
The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five-year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month-to-month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight.
The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential.
Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 8070020038
Special Listing Condition Standard
Listed by Marisela Herrera REALTY ONE GROUP EMPIRE #01492657
Nearby Locations
GET MORE INFORMATION