For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $569,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC334741
Year Built 1941
Lot Size 6,969 Sqft
Property Description
Free Standing Building with Parking, Corner Lot! Steady income from very busy single tenant, Genovese`s Italian Cafe, who has been in this same location for over 30 years. Very functional, well maintained restaurant, recently remodeled to ADA Compliance. Has 2 restrooms, kitchen w/ work station, dining area inside has 8 tables, outside patio has 7 tables. 11 on site parking at back of building plus plenty of street parking. Rent income is $3,388/month w/ 3% annual increase modified gross, about 5.28% cap rate. Tenant has 5 year lease.. Comments Title: Free Standing Corner Restaurant Income Property.
Location
State CA
County Los Angeles
Area 601 - Alhambra
Building
Story 1
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Tommy Thai • Coldwell Banker George
GET MORE INFORMATION
Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
- Homes For Sale in Oxnard, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Oak Park Heights, MN
- Homes For Sale in Port Hueneme Cbc Base, CA