$699,000
920 N Bonnie Beach PL Los Angeles, CA 90063
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$699,000
Est. payment /mo
3,445 Sqft Lot
UPDATED:
09/30/2024 06:49 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24127830
HOA Y/N No
Year Built 1971
Lot Size 3,445 Sqft
Property Description
920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term.
The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation.
This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!
The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation.
This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 5227026023
Special Listing Condition Standard
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Listed by Justin White • Justin White • thesbgbp@gmail.com
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935