15660 Amar Rd
4,500 SF 80% Leased Retail Building La Puente, CA 91744 $2,388,800 ($531/SF)
INVESTMENT HIGHLIGHTS
- Centralized Location: Conveniently positioned at the crossroads of four major cities in the region
- Rare Ample Parking
- Effortless Commute with quick access to 60, 10, and 605 freeways
EXECUTIVE SUMMARY
Commercial Real Estate Lot - Prime Investment Opportunity in Southeast Los Angeles County Exceptional commercial lot currently offering a freestanding 5-unit building with long-term tenants. Strategically located on a high-traffic corner lot in the heart of Southeast Los Angeles County and bordering the four major commerce hubs of Hacienda Heights, West Covina, Rowland Heights, and Baldwin Park. This property offers unparalleled accessibility, making it an ideal investment for savvy entrepreneurs or developers. Recent Phase I and II reports available upon request.
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
B
Year Built
1979
Price
$2,388,800
Price Per SF
$531
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.50 AC
Zoning
LPC2* - Currently Retail - Strip Mall. May work well for multi-family residential development. (Buyer to obtain zone change/variance/CUP after closing.)
Parking
10 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
146 FT on Amar Rd
AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
Parcel Number | 8251-004-019 | Improvements Assessment | $360,000 (2024) |
Land Assessment | $1,000,000 (2024) | Total Assessment | $1,360,000 (2024) |