90650 Homes with Retail Subtype

90650 Homes with Retail Subtype

Norwalk, CA, also known by its zip code 90650, is a vibrant city located in Los Angeles County. This bustling city offers a diverse range of amenities and attractions, making it an attractive place to live for many individuals and families.

One notable aspect of Norwalk is its thriving real estate market. With the Homes with Retail Subtype being true in this area, residents have the unique opportunity to live in properties that also feature retail spaces. This offers a convenient and dynamic lifestyle, as homeowners can run their own businesses or lease the retail space to entrepreneurs, adding an extra income stream.

These homes with retail subtypes provide a fantastic opportunity for people looking to invest in real estate. Not only do they offer the potential for additional income, but they also contribute to the overall economic growth and development of the community.

Norwalk, CA, is known for its diverse neighborhoods, excellent schools, and close-knit community. The city also boasts a variety of parks, recreational facilities, and shopping centers, ensuring that residents have access to all the amenities they need.

If you're considering a move to Norwalk, 90650, you'll find a range of housing options to suit your needs. From cozy single-family homes to spacious townhouses and apartments, there is something for everyone. With the added benefit of the Homes with Retail Subtype, you can truly make the most of your investment and enjoy the convenience of having a retail space right at your doorstep.

Overall, Norwalk, CA, with its zip code 90650, offers an appealing real estate market with the Homes with Retail Subtype, making it an exciting place to live, work, and invest.

Newest 90650 Homes with Retail Subtype

$1,599,000
CV26012252 MLS Active Status
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.

13226 Rosecrans, Norwalk

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.