5808 Monterey Road, Los Angeles (City), 90042

Commercial - Office For Sale

$1,495,000

Beds
Baths
Sqft
.32Acres
1924Built
45DOM
MLS® #: TR20073323
Active, 45 Days on Market

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.

Essential Information

MLS® #: TR20073323
Price: $1,495,000
Acres: 0.32
Year Built: 1924
Type: Commercial
Sub-Type: Office
Status: Active

Community Information

Address: 5808 Monterey Road
Area: Highland Park (632)
City: Los Angeles (City)
County: Los Angeles
State: CA
Zip Code: 90042

Interior

# of Stories: 1

Exterior

Lot Description: Walkstreet
Roof: Flat Roof

Additional Information

Date Listed: April 20th, 2020
Days on Market: 45
Zoning: LARD1.5/Enterprise Zoning

Listing Details

Listing Agent: Willie Kuo(01849358)
Listing Office: Exp Realty of California Inc

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on June 5th, 2020 at 12:15pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of June 5th, 2020 at 11:32am PDT. 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.