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Key Details
Sold Price $1,185,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-10020
Sold Date 09/26/22
HOA Y/N No
Year Built 1962
Annual Tax Amount $3,418
Tax Year 2021
Property Sub-Type Mixed Use
Property Description
Highly sought-after Mixed-Use opportunity in a prime location on East Washington Blvd! A rare and important feature of the lot is its accessibility not only from Washington Blvd., but also from an alley in the rear of the property off N. Grand Oaks. According to a preliminary meeting with the LA County Assessor's Office on 06-08-22, this property is zoned C2 - Neighborhood Commercial. They further said the land use is General Commercial, Mixed-Use with commercial and residential component and a maximum FAR of 1.0. Buyer to satisfy themselves with regard to any development possibilities and questions. The front building (used to be two separate offices each with two bathrooms) is occupied by a long-term tenant who is using the building as office space. There is a duplex in the rear of the property. The downstairs unit offers 1 bedroom, 1 bath and a yard area. The upstairs unit offers 2 bedrooms (a wall was removed to create 1 large bedroom) and 1 bath. There is a common area laundry room for both tenants. The generous parking lot features 15 parking spaces, 11 for the front office and each tenant has two parking spaces. Square footage for the units is estimated. A floor plan will be added to the listing next week with the measured square footages. Kindly be respectful and do not disturb the occupants.
Location
State CA
County Other
Area 646 - Pasadena (Ne)
Zoning LCC2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Laundry Room, Outside
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Present Use Commercial,Residential
Total Parking Spaces 15
Building
Lot Description Sprinklers None
Water Public
Others
Tax ID 5853016014
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Hovig Dimejian Berkshire Hathaway Home Services