968 N Maclay Avenue, San Fernando, CA 91340

$2,800,000
List Price
$2,800,000
Status
ACTIVE
MLS#
CV18165558
Year Built
1948
Days on Market
12
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

The property is comprised of two separate parcels with total lot size of 27186 SF. Building is on parcel #2515-017-003, and the newly paved parking lot is on parcel #2515-017-002. Building got 2 units, and all are currently occupied. Both units are long term tenants with low rents which presents a great upside potential for an investor. Each unit lessee has been on month to month for a long time, which presents a potential opportunity for an owner user. This is also an excellent opportunity for an investor to acquire an asset with future development potential such as 20 plus units of residential apartment or condo on the two parcels (Buyer to verify with the city). See the attachment of Maclay District Land Use document from city of San Fernando. The property is conveniently located within close proximity to the 210, 118, and 5 freeways. Please do not disturb tenants.

Additional Information

Taxes
$10,950
Water
Public

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Listing courtesy of CHUONG KHA from COLDWELL BANKER TOWN & COUNTRY

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.