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2706 2710 Foothill Boulevard

La Crescenta, CA 91214
  • $2,100,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • ID#: GD22195360
Under Contract
UPDATED: 43 min ago
$2,100,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): Arthur Mangassarian of Re/Max Tri-City Realty (818-409-0040)


Description

RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity!Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvdplus 5 units (one 2 bedrooms and four 1 bedroom). The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easyaccess to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to theentire region.The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Sellerneeds to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a bettercash flow and will have enough time to increase the rents.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T18:37:19.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/132835282
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2706 2710 Foothill Boulevard La Crescenta, CA 91214

  • Price: $2,100,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • Updated: 43 min ago
  • ID#: GD22195360
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1956
Built
Neighborhood:
635 - La Crescenta/Glendale Montrose & Annex
County:
Los Angeles
Area:
635 - La Crescenta/Glendale Montrose & Annex
Property Description
RE/MAX Tri-City Commercial is proud to offer 2706-2710 FOOTHILL BLVD. Once in a blue moon opportunity!Ownership has been maintaining this property for the last 30+ years with long tenancy. The property is Commercial space on Foothill Blvdplus 5 units (one 2 bedrooms and four 1 bedroom). The property is Glendale annex (La Crescenta) surrounded by shopping centers, other commercial and apartment buildings, with easyaccess to nearby Glendale, Burbank, Pasadena, and Los Angeles. I-210 borders La Crescenta to the south, providing fast access to theentire region.The Buyer has opportunity to increase the rents and possible to build a ADU on top of the garages. Seller will not accept all cash offer. Sellerneeds to carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a bettercash flow and will have enough time to increase the rents.
Exterior Features

Lot Features Yard Number Of Separate Electric Meters 6 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 120080 Gross Scheduled Income 120080 Insurance Expense 2736 Land Lease YN No Laundry Features None Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Owner Will Carry Net Operating Income 101459 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 33972 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 2076 Vacancy Allowance Rate 1 Water Sewer Expense 0 Water Source Public Zoning Lcc2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T18:37:19.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Arthur Mangassarian of Re/Max Tri-City Realty (818-409-0040)