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Key Details
Sold Price $2,050,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR13237022
Annual Tax Amount $11,896
Tax Year 2012
Lot Size 1.408 Acres
Property Description
Located in the heart of San Fernando, the subject property and associated improvements offers the investor a unique opportunity to acquire a truly rate offering. 61,329 square feet (1.4 Acres) of commercially zoned land consisting of 9 lots (6 parcels). The property is 1/2 of the entire city block bordered by Chatsworth Drive on the south Pico St. on the east and Hollister St. on the west, Brand Blvd. is 1/2 block to the north. There is 459 feet of frontage on Chatsworth Drive and 133 feet of frontage on both Pico Street and Hollister Street. Most of the property is currently parking lots with the exception of the building facing Pico Street. The present use of the building is the San Fernando Elks lodge which has been serving the City of San Fernando since the 1930s. The building is 19,180 sq. ft. and the seller may be willing to lease back. The building is currently operational as a Banquet Hall and Bar. The seller is also willing to finance the purchase of the entire property.
Location
State CA
County Los Angeles
Area Sf - San Fernando
Zoning C-1
Exterior
Fence Block, Wrought Iron
Community Features Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Utilities Available Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Building
Lot Description Lot Over 40000 Sqft, Level, Near Public Transit, Rectangular Lot
Others
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard
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Bought with Ashwin Joshi • Capital Realty Solutions Inc.
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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