Monterey Park, CA 91755 308 N New Avenue

308 N New Avenue Monterey Park, CA - Image 1308 N New Avenue Monterey Park, CA - Image 2308 N New Avenue Monterey Park, CA - Image 3
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308 N New Avenue Monterey Park, CA - Image 4
  • MLS# WS21072804
  • 04/07/2021
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Presented By: WILLIAM WEI with Pinnacle Real Estate Group.
  • Year Built • 1942

Home Details

Investment Highlight: Ideal for owner operator Located in the heart of highly desired area Highly profitable business Special zoning use Redevelopment opportunity Seller retiring after 30 years in business Executive Summary: Rare R3 zoned single story property. 1 corner lot (APN 5286-016-046) plus 2 adjacent lots (APN 5258-007-068, 5258-007-067) across the street. Seller is retiring after running this successful pre-school at this location for 30 years. Seller is selling the business personal properties and the real estate together. This portfolio of properties has a lot of potential with current business or redevelopment. This is truly a great opportunity not to miss.
Presented By: WILLIAM WEI with Pinnacle Real Estate Group.

Interior Features for 308 N New Avenue

Other Interior Features

Laundry FeaturesNone

General for 308 N New Avenue

Additional Parcels Y/NYes
Business TypeChild Care, Variety
Co-Listing Agent State License #01790761
Listing AgentWILLIAM WEI - BRE#01937762
Listing Agent State License01937762
MLS Area641 - Monterey Park
Property Sub Type AdditionalMulti Family
Property SubTypeMulti Family
Property TypeCommercial Sale
TermsCash, Cash to New Loan, 1031 Exchange

Exterior for 308 N New Avenue

Lot Features2-5 Units/Acre, Rectangular Lot
Lot Size Acres0.09
Lot Size Area3832
Lot Size SourceAssessor
Lot Size Square Feet3832
Lot Size UnitsSquare Feet
Number of Buildings1
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $3,680,000
MLS#WS21072804
List Date 04/07/2021
Property Type Commercial
Phone 310.658.1749
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