920 N Bonnie Beach PL Active

Los Angeles,CA 90063

$ 699000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24127830

HOA Y/N No

Year Built 1971

Lot Size 3,445 Sqft

Property Description

920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term.

The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation.

This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 5227026023

Special Listing Condition Standard

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