$1,550,000
FOR SALEActive13226 Rosecrans
Norwalk CA 90650
5,500
SF
Retail
Type
1925
Built
$282/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
HUGE PRICE IMPROVEMENT!!!!!!!!!!!!! Exceptional Income Producing Investment Property for Sale with so much potential. Do not miss this rare opportunity to acquire a well-established restaurant property situated on nearly half an acre of land. The property features three detached buildings, offering both operational and income-producing potential. The main building is a well-maintained restaurant prominently located on the corner of high-traffic Rosecrans Avenue, providing excellent visibility and accessibility . The two additional detached buildings on the site are currently leased and generating consistent monthly income. The primary building is occupied by a restaurant tenant under a 5 yr lease contract at $5,000 per month plus NNN, while two additional detached buildings are leased to complementary businesses; one tenant operates under a five-year lease at $2,500 per month which will increase to $3,000 per lease agreement in December plus NNN, while the 3rd tenant maintains a month-to-month agreement at $1,200 per month. With all spaces fully leased, investors benefit from immediate cash flow and minimal operational oversight. The sale includes existing restaurant equipment, making this great for an investor seeking a versatile commercial asset with strong income potential. Please Do NOT bother property tenants or employees or ask them any questions, showings MUST be accompanied by the owner/property manager or listing agent.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
0.4379 acres
Lot Size
3
Total Units
5,500 SF
Square Footage
$281.82/SF
Price per SF
6.14%
Cap Rate
$91K
NOI
1,925
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
6.14% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
6.14%
Cap Rate
$91,000
NOI
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