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1022 Leorita ST Baldwin Park, CA 91706
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Key Details
Sold Price $7,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 67,082 sqft
Price per Sqft $116
MLS Listing ID PW20230806
Sold Date 06/01/21
HOA Y/N No
Lot Size 1.540 Acres
Acres 1.54
Property Description
Rare opportunity to acquire over 1.5 acres of freeway-adjacent property in the Greater Los Angeles area poised for redevelopment. The property is located on two contiguous parcels at 1022 and 1026 Leorita Street in Baldwin Park, California next to Kaiser Permanente's Baldwin Park Medical Center and the 10 Freeway, on which traffic volume exceeds 200,000 cars per day. This asset is well-known to area motorists for its iconic freeway-visible signage: a horse and boot representative of the tenant, Broken Horn Saddlery, the “West Coast's Largest Western Superstore.”
The legacy tenant currently occupies both buildings on the property, which are 1986 constructions totaling 23,040 square feet.
Location
State CA
County Los Angeles
Area 608 - Baldwin Pk/Irwindale
Zoning BPCM*
Exterior
Community Features Urban
View None
Building
Lot Description Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.5
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Contact listing agent.
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Bought with Marcus & Millichap