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7895 Telegraph Rd 6,720 SF Retail Building Montebello, CA 90640 $2,675,000 ($398.07/SF)
Investment Highlights
- Close to Freeways
- Excellent Visibility
- Parking On Site
- Central Location
- 4 Drive-In Bays
- Seller Carry Back Loan For Qualified Buyers
Executive Summary
Seize this fantastic opportunity to own a free-standing building featuring four (4) garage bay doors (10 feet height clearance), 16-foot-high ceilings, and C-2 zoning for various commercial uses, including retail, fast food restaurants, service sectors, showroom, drive-in establishment or restaurant, and dry cleaning and laundering or dry cleaning plant. Strategically located near the intersection of Telegraph Road and Slauson Avenue, this property offers easy access to the 5 Freeway and major transit routes connecting Los Angeles and Orange County airports and the Los Angeles harbor region. The property is adjacent with a gas station/7-11 convenience store and a car wash facility. Neighboring cities include Pico Rivera, Downey, Bell Gardens, and Commerce. Seller is will consider a seller carry back loan for qualified Buyers.
Zoning & Permitted Uses:
C-2 zoning allows for various commercial retail applications, subject to buyer verification with the City of Montebello Zoning Department. Permitted uses include Restaurants or Drive-In Restaurants, breweries, and some auto-related businesses. All showings will be made by listing broker by appointment only.
The attached plat map verifies square footage of the lot area is 22,600 square feet (.5188 Acres).
Zoning & Permitted Uses:
C-2 zoning allows for various commercial retail applications, subject to buyer verification with the City of Montebello Zoning Department. Permitted uses include Restaurants or Drive-In Restaurants, breweries, and some auto-related businesses. All showings will be made by listing broker by appointment only.
The attached plat map verifies square footage of the lot area is 22,600 square feet (.5188 Acres).
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Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,720 SF
Building Class
C
Year Built
1970
Price
$2,675,000
Price Per SF
$398.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.52 AC
Zoning
C2 - Commercial
Parking
14 Spaces (2.08 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6368-001-025 | Improvements Assessment | $1,799,280 |
| Land Assessment | $1,199,520 | Total Assessment | $2,998,800 |
Property Taxes
Parcel Number
6368-001-025
Land Assessment
$1,199,520
Improvements Assessment
$1,799,280
Total Assessment
$2,998,800
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7895 Telegraph Rd