Address
5808 Monterey Road Los Angeles, CA
Price
$ 1,495,000
Property Attributes
  • MLS#TR20073323
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHighland Park
  • Zip90042
  • StyleOffice
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4800
Listing Provided Courtesy Of:
Willie Kuo with Exp Realty of California Inc.
Property Description

Attention Developer and Business Owners! This commercial flex space is located in the commuter friendly neighborhood of Hermon District, off the 110 FWY Ave 60 exit, just south of Highland Park, west of South Pasadena, and 15 minutes driving distance to Downtown Los Angeles and Koreantown. To demonstrate the flexibility of this location, within the same LARD1.5 zoning, expect to find nearby properties consist of multifamily, office building, condo development projects, and religious facilities, thus abundance of usages and potential development projects are possible upon city planning approval. The property is also situated in the county declared Enterprise Zone (EZ) to provide business owner tax credit, expense deductions, and more! The immediate street frontage from Monterey Rd, local established retail traffic from Fresco Market, and immediate nearby residential residents can be some of the retail characteristics to consider. Additional retail market report and infographics are available upon request. Currently used as office suites by owner with a large rear lot for parking, owner will vacate upon close of escrow.

Price History
4/20/2020 Listed $1,495,000

General Features

Co-Listing Agent Last Name Julia
Co-Listing Agent Last Name Zhao
Co-Listing Agent State License # 01411270
Co-listing Agent Julia Zhao - BRE#01411270
Construction Materials Frame, Shingle Siding
Directions Off the 110 FWY, exit Vía Marisol, turn right, then turn sharp right onto Monterey Rd. Property will be on the left.
Listagentaor Tri-Counties
Listing Agent Willie Kuo - BRE#01849358
Listing Agent State License 01849358
MLS Area 632 - Highland Park
Price Per Square Foot 311.46
Property SubType Office
Property Type Commercial Sale
Roof Flat
Source System CRMLS
Special Listing Conditions Standard
Zoning LARD1.5/Enterprise Zoning

Interior Features

Condo Area Unit Type Square Feet
Laundry Features None
Total Stories 1

Exterior Features

Building Area Total 4800.00
Land Use Office
Lot Size Source See Remarks
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90042

Price
AVG $900K
$1.5M
Visits
AVG 19
559
Year Built
AVG 1949
1924

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