Premium Properties Commercial Division Proudly Presents Cash Flow Office Building for Investment is located in the heart of the downtown Central Business District. First Floor Medical Office exercised 5 years on the current lease. The second floor was recently leased to Home Care Services for 5 years with renewal options and had a new carpet installed a few years ago. Sellers just replaced 3 of the HVAC systems on the building and installed a new roof. All of the interior doors have adjustable blinds, and the building is wired with Cat 5 voice and data lines. Walking distance to City Library, City facilities, shopping, and medical. This is a great investment property with a CAP rate of 9.76.
The income description goes here to explain
List Price | $795,000 |
Property Type | Office |
Usable Sqft | 5,699 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1920 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 272729783000068060 |
MLS # | O6214111 |
Property ID | 320578720 |
Lot Sqft | 4,138 |
Zoning | CBD |
Days on Market | 163 |
Original List Price | $795,000 |
Date Updated | November 07, 2024 |
Date Created | June 12, 2024 |
Financials not available online. Please inquire with your agent for more details.
Ozan Cifci an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT