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(OLD PRE SCHOOL, AMAZING SECURED LOT)) 4459 Santa Anita Ave

2,591 SF Retail Building El Monte, CA 91731 $1,399,000 ($540/SF)

Investment Highlights

  • Prime Santa Anita Location - Border of Arcadia in the City of El Monte - WE ARE NOW ABLE TO SHOW IT AND SELL IT
  • Lots of Development Opportunities - Check with City to explore options
  • Current Rented to Dance Studio and Real Estate Office on Month to Month Lease - Can be delivered Vacant if needed
  • Large Gated Yard for Parking or Other Uses - Previous Preschool, Dance Studio, Real Estate Office
  • Seller will Carry Financing with Strong Downpayment -
  • Large 10454 Sqft Corner Lot near San Gabriel Valley Airport, Close to 210 and 10 freeway

Executive Summary

BUILDING IS NOW AVAILABLE TO BE SEEN - STARTING LATE QUARTER 4 2024 - WE ARE NOW ABLE TO SELL IT!!!!
Great Owner User Building or 1031 Exchange. Seller will carry Financing with Strong Down Payment. Prime Commercial Retail/Office Building with lots of frontage off Santa Anita Avenue. Property consists of two suites (originally 3 suites) and a large gated and secured 10,454 Sqft Lot. COULD BE ONE BIG SUITE IF NEEDED!!! Property was previous a Pre-School a while ago but is currently being used as a Dance Studio in one Unit and a real estate office in the other unit. Huge gated private parking lot or yard. Location is in El Monte near border of Arcadia. This is a prime location with lots of potential opportunities including development.
Seller will carry Financing with $400,000 down payment. Tenant is willing to stay as a month to month tenant or potentially vacate upon close. THIS A VERY RARE CORNER PROPERTY WITH A SECURE LOT, GREAT LOCATION L(NEAR AIRPORT), AND HAS SELLER FINANCING AVAILABLE (THIS ALONE WILL SAVE A BUYER $20K IN LENDER FEES).

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $52,400 $20.22

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $52,400
Annual Per SF $20.22

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Day Care Center
Building Size
2,591 SF
Building Class
B
Year Built
1980
Price
$1,399,000
Price Per SF
$540
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.24 AC
Zoning
C2, El Monte - Neighborhood Commercial
Parking
24 Spaces (9.26 Spaces per 1,000 SF Leased)
Frontage
101 FT on Santa Anita Ave

Amenities

  • Bus Line

Nearby Major Retailers

Chase Bank
Flame Broiler
Yoshinoya
Bank of America
Starbucks
Superior Grocers
East West Bank
Alberto's Mexican Food
King Taco
NORMS

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8575-008-029
Land Assessment
$501,981
Improvements Assessment
$278,877
Total Assessment
$780,858
  • Listing ID: 28650143

  • Date on Market: 6/3/2023

  • Last Updated:

  • Address: 4459 Santa Anita Ave, El Monte, CA 91731

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