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12820 Studebaker RD Norwalk, CA 90650
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Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Specialty
Listing Status Sold
Purchase Type For Sale
Square Footage 7,012 sqft
Price per Sqft $299
MLS Listing ID TR23092077
Sold Date 11/17/23
HOA Y/N No
Year Built 1966
Lot Size 0.350 Acres
Acres 0.3504
Property Sub-Type Specialty
Property Description
Amazing Free Standing 2-Story Medical Building Development Opportunity for OWNER USER or INVESTMENT. CITY APPROVED PLAN Available and can be shared upon request. Excellent location in City of Norwalk. Walking distance to Coast Plaza Hospital. High Street Visibility from Fwy 105 Off-Ramp and Studebaker Road. Approx. 7,012 SF of Rentable Area and 15,246 SF of Lot Size. Corner Lot. Ample Parking. Based on Approved Plan, 2 Units on 1st Floor and 4 Units on 2nd Floor (Average Size Between 900 sf. to 1,521 sf.). Seller has Completed: City Plan Approved, Demolition most of Interior, Parking Lot Work with New Surface and ADA Compliant (estimate to complete on 7/31/2023). Property needs: New Electrical, Plumbing, HVAC, Modernized Elevator, Exterior and Interior Update.
ZONED FOR: Commercial and Professional (Permitted and Potential USE for: Medical, Indoor Recreation, Minor Utilities, Office, Animal Clinic or Hospital, Restaurant, Retail, Drive-Through.. etc). SEE ATTACHED Zoning Appendices. Seller will consider to Carry Back up to 50% of Purchase Price for 36 months at 6% INTEREST ONLY. **3D Tour Link available: https://my.matterport.com/show/?m=LDETHD88zjB&
*** Property Website available: https://315-digital-media.aryeo.com/sites/12820-studebaker-rd-norwalk-ca-90650-4883711/branded
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning C and P
Interior
Laundry None
Building
Lot Description Corner Lot
Story 2
Water Public
Others
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.25
SIGN ON PROPERTY 1
TERMS 1031 Exchange,Cash,Cash To New Loan,Owner May Carry
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,See Remarks
SHOW INSTRUCTIONS Please Call or Text Kevin Lee at 626-975-2521 for any questions. ** 3D VITUAL Tour Link available: https://my.matterport.com/show/?m=LDETHD88zjB& *** Property Website available: https://315-digital-media.aryeo.com/sites/12820-studebaker-rd-norwalk-ca-90650-4883711/branded
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Bought with Coldwell Banker Alliance