For Sale
For Sale
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Year Built
1924
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Total Building Size
4,800 RSF
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Overview
Attention Developer and Business Owners! This commercial flex space is located in the commuter friendly neighborhood of Hermon District, off the 110 FWY Ave 60 exit, just south of Highland Park, west of South Pasadena, and 15 minutes driving distance to Downtown Los Angeles and Koreantown. To demonstrate the flexibility of this location, within the same LARD1.5 zoning, expect to find nearby properties consist of multifamily, office building, condo development projects, and religious facilities, thus abundance of usages and potential development projects are possible upon city planning approval. The property is also situated in the county declared Enterprise Zone (EZ) to provide business owner tax credit, expense deductions, and more! The immediate street frontage from Monterey Rd, local established retail traffic from Fresco Market, and immediate nearby residential residents can be some of the retail characteristics to consider. Additional retail market report and infographics are available upon request. Currently used as office suites by owner with a large rear lot for parking, owner will vacate upon close of escrow.
For Lease
5808 Monterey Rd, Los Angeles, CA 90042
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Time on Market
about 4 years
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Space ID
1965110
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Presented By
EXP RealtyWillie Kuo
Property Details
Attention Developer and Business Owners! This commercial flex space is located in the commuter friendly neighborhood of Hermon District, off the 110 FWY Ave 60 exit, just south of Highland Park, west of South Pasadena, and 15 minutes driving distance to Downtown Los Angeles and Koreantown. To demonstrate the flexibility of this location, within the same LARD1.5 zoning, expect to find nearby properties consist of multifamily, office building, condo development projects, and religious facilities, thus abundance of usages and potential development projects are possible upon city planning approval. The property is also situated in the county declared Enterprise Zone (EZ) to provide business owner tax credit, expense deductions, and more! The immediate street frontage from Monterey Rd, local established retail traffic from Fresco Market, and immediate nearby residential residents can be some of the retail characteristics to consider. Additional retail market report and infographics are available upon request. Currently used as office suites by owner with a large rear lot for parking, owner will vacate upon close of escrow.
- Property TypeOffice
- Submarket
- Year Built1924
- Sale Price$1,495,000
- Total Building Size4,800RSF
- Total Acres0.32
- Total Available4,800RSF
- Number of Floors1
- Largest Contiguous4,800RSF
- Building ClassC
- ZoningLARD1.5/Enterprise Zoning
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2152411