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    10952 Main Street

    El Monte, CA 91731
    • $980,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: WS20172723
    Price Reduced
    UPDATED: 33 min ago
    $980,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,735
      SQFT
    • $262
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Excellent opportunity for an owner-user or investor. An attractive store building located amidst the hustle and bustle of Valley Mall, the historical commercial corridor in downtown El Monte. The building sits on a large lot adjoining the free public parking lot. Almost fifty-feet of glass store front along the Main Street presents great curb appeal. The storefront has two entrances and can be easily divided into two units. Renovated and updated interior features open high ceiling, upgraded lighting, and laminated floor. Very convenient location with heavy foot traffic and dense residential population in the immediate trade area. The building's C2 zoning allows a wide variety of uses. Valley Mall has been undergoing a multi-year urban revitalization under the city's Downtown M.ain Street Transit-Oriented Development Specific Plan. The ultimate goal is to transform the Downtown into a central shopping and entertainment district that contains retail stores, neighborhood services, office spaces, and restaurants with outdoor dining; complemented by broad sidewalks, plazas and parks designed with music and performance areas. Up to 2,200 residential units and 500,000 square feet of commercial space will be developed by the year 2035. With historically low interest rate, it is the perfect time to own a piece of the gentrifying area at below replacement costs.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T23:28:50.133. 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 deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/109272289
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    10952 Main Street El Monte, CA 91731

    • Price: $980,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: WS20172723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,735
    SQFT
    $262
    $/SQFT
    1925
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    Excellent opportunity for an owner-user or investor. An attractive store building located amidst the hustle and bustle of Valley Mall, the historical commercial corridor in downtown El Monte. The building sits on a large lot adjoining the free public parking lot. Almost fifty-feet of glass store front along the Main Street presents great curb appeal. The storefront has two entrances and can be easily divided into two units. Renovated and updated interior features open high ceiling, upgraded lighting, and laminated floor. Very convenient location with heavy foot traffic and dense residential population in the immediate trade area. The building's C2 zoning allows a wide variety of uses. Valley Mall has been undergoing a multi-year urban revitalization under the city's Downtown M.ain Street Transit-Oriented Development Specific Plan. The ultimate goal is to transform the Downtown into a central shopping and entertainment district that contains retail stores, neighborhood services, office spaces, and restaurants with outdoor dining; complemented by broad sidewalks, plazas and parks designed with music and performance areas. Up to 2,200 residential units and 500,000 square feet of commercial space will be developed by the year 2035. With historically low interest rate, it is the perfect time to own a piece of the gentrifying area at below replacement costs.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Heating Forced Air Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Name Valley Craft Building Status Existing Business Type Retail Country Us Current Use Comments Retail Store Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Occupied Property Sub Type Retail Retail Center Type Community/Specialty Special Listing Conditions Standard Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Assessor

    Listing provided courtesy of Franklin Shen of Realty Advisors Intl, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-22T23:28:50.133. 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 deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591