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Key Details
Sold Price $2,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22195360
Sold Date 11/16/22
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity! Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvd plus 5 units (one 2 bedrooms and four 1 bedroom). The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easy access to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to the entire region. The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Seller needs to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a better cash flow and will have enough time to increase the rents.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Ocean View North turn left on Foothill Near Rosemont
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
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Bought with Arthur Mangassarian Re/Max Tri-City Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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