Commercial for Sale, California | Page 1 -001-11-30T00:00:00-08:00
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400 West Valley Boulevard

Price: $36,880,000
Type: Mixed Use
Property Size: 275,775
ZIP: 91776
Description: Luxury Residential and Commercial MIX use project for sale, fully entitled, permit ready. Located in the heart of San Gabriel Valley. 127 Luxury condos + 21 Retail Stores, Restaurants with 286 Retail Parking Spaces. Commercial Front 500 ft. Please check attached supplement for fully executed package.

Rosemead, 3900 Walnut Grove Avenue

Price: $28,000,000
Type: Retail
Property Size: 20,000
Year Built: 1947
ZIP: 91770
Description: Development Opportunity! The property offers prime exposure and accessibility, making it an ideal location for hotel and / or retail development. Current zone for Regional Commercial with a Design Overlay (C-4D) with FAR: 1.0: 1 (if hotel development that incorporates specific amenities according to General Plan) or Specific Plan Proposals for City approval. City General Plan Designation: High Intensity Commercial. Three parcels combined total estimated lot size of 146,767 sq.ft (3.3 Acres). Currently, a one story high ceiling corner lot furniture store, potential for other use, buyer must verify with city of Rosemead. Location will be available for lease on 1/1 / 2018 see lease listing WS17249130. This rectangular shaped property is located at a prime corner in the City of Rosemead, forming the southeast corner of Walnut Grove Avenue and Valley Boulevard. A combination of commercial and single family residential land uses are located to the east, two single-family residential to the south and commercial to the north and west. All of which attracts neighborhood residents and businesses. Agent doesn’t guarantee accuracy of square footage, lot size, permit info, zoning, usage, descriptions herein or other info regarding the conditions / features of property provided by the seller or obtained from Public Records / other sources. Buyer advised to verify the accuracy of all info thru personal inspection and with appropriate professionals.

Los Angeles, 159 West 27th Street

Price: $19,000,000
Type: Mixed Use
Property Size: 23,510
Year Built: 1951
ZIP: 90007
Description: Amazing opportunity that doesn’t come around often! This sale includes APN 5122-001-019, APN 5122-001-018, APN 5122-001-012 and APN 5122-001-011. Centrally located in Los Angeles on the corner of Hill Street, Adams and 27th Street. These buildings are great for any commercial / industrial or warehouse use. Ample amount of parking space, plenty amount of foot traffic, located on a very busy street, making this opportunity even better buy! Bright and spacious layout with so much potential! Won’t last long. Welcome to 157 W. 27TH Street!

Artesia, 16905 Pioneer Boulevard

Price: $16,000,000
Type: Hotel/Motel
Property Size: 135,793
Year Built: 1982
ZIP: 90701
Description: When you stay at Artesia Inn and Suites in Artesia, you’ll be in the suburbs and convenient to Cerritos Center for Performing Arts and Heritage Park. This motel is within the vicinity of Hawaiian Gardens Casino and La Palma Inter community Hospital. Make yourself at home in one of the 161 air-conditioned guest rooms. Cable programming and video-game consoles are provided for your entertainment, while complimentary wireless Internet access always keeping you connected. The bathrooms have complimentary toiletries and hair dryers for your convenience. Other conveniences include desks and coffee / tea makers, and housekeeping is provided daily. Take advantage of recreation opportunities including an outdoor pool and a spa tub. Enjoy a satisfying meal at a restaurant serving guests of Artesia Inn and Suites. Featured amenities include a business center, a 24-hour front desk, and multilingual staff. Event facilities at this motel consist of conference space and meeting rooms. Free self parking is available onsite. Call today to schedule a showing!

Newport Beach, 2900 Lafayette Road

Price: $15,295,000
Type: Multi Family
Property Size: 31,175
ZIP: 92663
Description: An exciting new development opportunity presents itself in the prospering Cannery Village area of Newport Beach. This is a unique occasion to acquire a prime property portfolio consisting of two parcels (combining for over 180 ft of water frontage) along with two additional nearby over-sized interior corner lots. Preliminary plans propose 10 mixed use units (residential + office) and a 10 slip marina. The Cannery Village has become a local hot-spot and enjoys a close proximity to the Lido Marina Village with its high-end shops and restaurants, the upcoming Lido House boutique hotel at the former City Hall location, and The Vue condominium project, making this an amazing offering to the right developer with the right ideas.

Long Beach, 3201 East Pacific Coast

Price: $14,998,000
Type: Hotel/Motel
Property Size: 35,322
Year Built: 1986
ZIP: 90755
Description: Profolio Sale for Quality Inn 74 guest rooms and 6 Retail Stores. **** Hotel major renovation (PIP) over $2.5M was done in 2016. *** The hotel and retail stores produce the excellent cash flow of Gross Income $2.5M, NOI $1.22M with 8.2% CAP, 85% occupancy and easy management. ***The Quality Inn Hotel is conveniently located five minutes from the Long Beach Airport and less than two miles away form Beach, close to local attraction including the Queen Mary, Long Beach Convention and Entertainment Center, The Port of Long Beach, the Catalina Express, Aquarium of the pacific and the Port of Los Angeles. Disneyland and Knott’s Berry Farm are 15 minutes away for the hotel. ***The hotel offers guests many full-service amenities, free shuttle service upon request to Long Beach Airport, Carnival Cruise Lines and Convention Center. *** 6 Retail Stores is included E Itilian and Pizza, Manna dounts and coffee shop.

Littlerock, 7715 Pearblossom

Price: $14,500,000
Type: Retail
Property Size: 7,109
Year Built: 1959
Description:

1421 North El Camino Real

Price: $13,500,000
Type: Retail
Property Size: 36,380
Year Built: 1965
ZIP: 92672
Description: A rare opportunity presents itself in the newly re-developing city of San Clemente. Offered for the first time in more than a century, two adjacent parcels on the main arterial of downtown San Clemente, yielding 1 acre plus with current use, approximately 36,000 sq.ft of mixed, retail, commercial and industrial units. Amazing development potential with ocean views, ingress and egress from both El Camino and Calle Valle and sectarian parking. Walking distance to the beach, and close to freeway and the new Outlets of San Clemente. Possibilities are endless!

Ontario, 611 South Palmetto Avenue

Price: $11,637,432
Type: Industrial
Property Size: 107,754
Year Built: 1989
Description: Value add NNN Single Tenant Leased Investment – 18 months remaining on lease term – Freestanding drive around facility – Truck well and ground level loading – West Inland Empire location

Glendora, 2011 East Financial Way

Price: $10,249,000
Type: Industrial
Property Size: 55,400
Year Built: 1980
ZIP: 91741
Description:

17020 Chatsworth Street

Price: $10,200,000
Type: Retail
Property Size: 43,017
Year Built: 1962
Description: The subject property consists of a single story 99 Cent Only Store along with a two story multi-tenant retail / office building. Current 5.28% actual cap rate. The property is located on a corner and enjoys an open parking lot contiguous to the Staples and Walgreen’s shopping center immediately adjacent. The Subject Property also benefits from excellent visibility, good parking, and strong historical occupancy rates. Currently rents are very low, with an average rent per sq. Ft. Of only $1.49 per sq. Ft. GROSS. By increasing rents to market levels, the investor will realize substantial upside in this investment. DRY CLEANER tenant installed the plant within the last three years with stringent regulation and oversight. Previous to that it was an dry cleaner agency only.

Murrieta, 35926 Greer Road

Price: $9,999,000
Type: Specialty
Property Size: 11,300
ZIP: 92562
Description: FULLY APPROVED, WEDDING and EVENT VENUE, providing year round weddings since 2010. Multiple ceremony locations, plenty of on-site parking, indoor and outdoor receptions. Includes approved Conditional Use Permit (CUP). The property includes a 4500 sq.ft main house on 5 beautifully landscaped acres, completely remodeled in 2009, containing: a huge master suite with travertine floors, an entertainer’s dream kitchen with a 9′ marble island, billiards room, 2 bridal suites, 5 baths, sunken family room and 3 more bedrooms. The exterior provides a resort like atmosphere with a full outdoor kitchen, including 48″ BBQ, stove top, commercial pizza oven, teppanyaki grill, granite counter tops and 3 refrigerators. Fully powered by 100% owned SOLAR power and its own water well. Fully self-sustaining. Comes fully furnished for turn key operation. The property also includes a beautiful 6,000 sq.ft luxury barn built in 2017 with a stone entrance introducing you to the front lobby, open the second set of knotty alder double doors and you’ll see 3 large crystal chandeliers dripping from the 36′ high ceilings, 8” plank floors, commercial kitchen, 6 restrooms with trough sinks, more chandeliers and more. **Contingent on Buyer maintaining and carrying out all existing wedding contracts. 2018 is almost fully booked and we’ve started booking weddings for 2019 and 2020. Price includes adjacent property that the estate sits on for a total of 5 acres.

Rosemead, 8300 Valley Boulevard

Price: $9,080,000
Type: Retail
Property Size: 5,000
Year Built: 1977
ZIP: 91770
Description: Hot! Hot! Hot! Prime location, cross street of Cathay Bank, wide frontage on Valley Blvd. South / east corner of Valley and Charlotte, current restaurant generates a steady income, 3940 Charlotte south side attached also for sale $1.3m. (see MLS. Residential) Please drive by only and do not talk to the restaurant employee, all information are approximately only.

Azusa, 307 North Aerojet Avenue

Price: $8,981,870
Type: Industrial
Property Size: 47,273
Year Built: 2016
ZIP: 91702
Description: The project is a 8.35 acres development consisting of 3 state-of-the-art industrial buildings totaling 185,273 sq.ft. CT Azusa Center is located in close proximity to the I-210, I-605, and I-10 Freeways and is ±38 miles from the Ports of Los Angeles and Long Beach. Price is TBD – please contact broker for more information.

125 Manhattan Beach Boulevard

Price: $7,995,000
Type: Retail
Property Size: 3,440
Year Built: 1972
ZIP: 90266
Description: This offering of a commercial property in Manhattan Beach, just steps from the sand, the iconic Manhattan Beach Pier, Strand and adjacent to a wide range of thriving commercial businesses and multi-million dollar homes with unparalleled exposure and pedestrian traffic. The property is a 2 story building approx 3,440 sq.ft (per assessor’s records – buyer to verify) constructed with retail on the 1st floor and office space on the 2nd floor. The entire property underwent an extensive renovation to the interior and the facade completed in 2014. Prior to the renovation, the 2nd floor was used for residential purposes. The lot is 2,253 sq.ft with nice elevation that overlooks Manhattan Beach Pier, and boasts spectacular views of the Pacific Ocean from both levels and full coastline views to Malibu from the roof top. The property is zoned Downtown Commercial and according to the Downtown Specific Plan adopted in 2017 this allows a broad range of uses, including live / work and residential uses (with a conditional use permit). Zoning permits a Floor Area Ratio of 1.50 for new developments and 51.3 residential dwelling units per acre (2.65 units) is the approx calculation for this lot. The height limit is 30 ft, any development is subject to discretionary approval from the Planning Department. Mickie’s Beach and Diane’s Beachwear have been at this location for decades and is a rare opportunity to acquire an irreplaceable parcel of commercial real estate in a world renowned location.

Costa Mesa, 2285 Newport Blvd

Price: $7,500,000
Type: Business
Property Size: 6,000
Description: 265 ft of Prime Real Estate frontage located on Newport Blvd and the 55 Freeway with approximately 300,000 cars passing by daily giving this property AWSOME exposure. Present use is a car wash, smog clearance, auto windshield replacement store and an automotive repair service center. All financials will be provided with an accepted offer only.

Hermosa Beach, 205 Pier Avenue

Price: $7,500,000
Type: Office
Property Size: 6,503
Year Built: 2012
ZIP: 90254
Description: Prime location with high visibility, high traffic, on corner lot in the Sand Section of Hermosa Beach. Just one block from the beach! Approx. 6,503 sq.ft of office and retail space. Tri-level office building with several office suites and a ground-floor retail or gallery space, located in the heart of downtown Hermosa Beach with many shops and restaurants nearby. The building has numerous balconies and patios, including a community patio. Units are light and bright with tall windows, some with ocean views. Bathrooms on each level, two-level underground parking lot. All suites are currently leased.

2408 Newport Boulevard

Price: $7,495,000
Type: Retail
Property Size: 6,324
Year Built: 2004
Description: Remarkable opportunity to own a mixed-use property on the coveted Newport Bay! This contemporary property is comprised of two residential units and two commercial suites, totaling approximately 6,300 + sq. Ft. Of premier waterfront space on a 9,500 + sq. Ft. Lot complete with two boat docks. Both residential units are fit with a chic industrial design filled with modern amenities throughout. The first upgraded residential unit is fit with 2 bedrooms, 3 bathrooms, a 4-car garage, convenient elevator, and rooftop deck. The second unit offers 2 bedrooms, 2 bathrooms, and a 1-car garage. Both residential units, commercial units, and two 70 foot boat docks can be rented or used for personal matters. Centrally located in the midst of Newport’s lively tourist hub, this rare opportunity offers the best of waterfront living with upgraded amenities and premier positioning on the bay.

Burbank, 2740 Magnolia Boulevard

Price: $7,300,000
Type: Office
Property Size: 19,732
Description: 2740 Magnolia is a 3 Story office building on the corner of Magnolia Blvd and Florence Street in the City of Burbank. Building was originally built as separate condo units. Separate APN units for the suites. It is Approx 19,732 sq.ft building. This is a good opportunity for an Owner / User or investor since the leases are all on Month–to–Month. Opportunity to sell each condo unit separately. There are 39 covered parking spaces. Each floor has common area rest rooms and elevator. This is a 14 tenant office building with some suites having balconies. Large roof top deck. Skylights, fully sprinklered and all units are separately metered for electricity. Media adjacent, minutes from Universal City and Hollywood and centrally located for freeway access. Email for a package

Commerce, 6915 East Slauson Avenue

Price: $7,250,000
Type: Warehouse
Property Size: 34,620
Year Built: 1955
Description: Excellent 16 High Clear Warehousing Facility 3 dock high and 1 ground level loading Spacious offices: 6000 sq.ft. Industrial warehouse 28,620 sq.ft. Prime location in Los Angeles Areas; 5 FWY close, closed to Downtown LA and Long Beach Spacious Parking Spaces: 60 free surface spaces

Glendale, 215 North Central Avenue

Price: $7,168,000
Type: Retail
Property Size: 4,790
Year Built: 1950
ZIP: 91203
Description: Prime Retail / Medical Office location in the Heart of Downtown Glendale near the Glendale Galleria and the Americana at Brand malls with abundant adjacent parking. 215 North Central Avenue and its two adjacent parking lots. Address 215 North Central Avenue – formal restaurant building size + / – 4,790 sq.ft (single story), Lot Size + / – 6,077 sq.ft. Parking lot address 313 W Wilson Av – lot size + / – 6,615 sq.ft. Parking lot address 322 Salem St – lot size + / – 7,118 sq.ft. Sale price included Building and 2 Parking lots on 313 W Wilson Av and 322 Salem St. All utilities are connected. The subject property offers an investor or user the ability to secure a high exposure, high traffic location in the heart of Glendale.

Adelanto, 17130 Muskrat Avenue

Price: $6,900,000
Type: Industrial
Property Size: 48,000
Year Built: 2000
ZIP: 92301
Description: Right now the two back units are leased at only $0.31 / SF well below market. Market rate for a marijuana building is between $2-3 / sqft. Even if the two back units are rented at $2 / sqft when they become vacant that will give $102,000 in income triple net which will give $1,224,000 in annual gross rent income net. If someone obtains financing at 70% LTV at a 5% interest only interest rate your cash on cash return will be 47%. Down payment of $4.4 million or $2.7 million. Seller might be able to arrange a 2nd trust deed at $1.7 million at 13% interest rate which would give a new down payment of $2.7 million. Seller will carry a 1st at $2.5 million at 2.5% interest rate due upon vacancy of buildings C and D or Oct. 2020, whichever is soonest. Cap rate is 17.4% based off of down payment at $4.4 million. Property will be delivered with CUP. This building is zoned for most marijuana uses except dispensaries. There are four 12,000 square-foot buildings on 4.67 acres. The two back buildings C and D are occupied by a boat builder and the rent is just over 7500 a month for both buildings. There is a 70% chance the two back units will be vacated next summer. Worst case, the back units will be vacant Oct. 2017 when the lease is up. Buildings A and B are leased at 27,000 a month each. Building A is a 5 year lease with three 5 year options, this lease started August 2017. Building B is a 3 year lease with one 3 year option, This lease started July 2017.

10709 Hawthorne Boulevard

Price: $6,900,000
Type: Retail
Property Size: 5,890
Year Built: 1963
Description: Highly lucrative car wash business situated on a 30,000 + SF lot in Lennox. This business currently generates over $1.1 million in gross profit and $475,000 in net income from its core operations and also receives monthly passive income from its tenants. While this property is currently being used as a car wash, it has the zoning potential to be used for just about anything. This includes shopping centers, hotels, office spaces; virtually all types of commercial real estate! The property is located on a very high-traffic street in Lennox, just minutes away from the new Hollywood Park development and future NFL Stadium! This is an ideal buy for developers, investors, or anyone looking to acquire assets in the rapidly appreciating Inglewood area!

Murrieta, 24585 Adams Avenue

Price: $6,770,000
Type: Retail
Property Size: 6,892
Description: All utilities to the property – Great location on a signalized corner (Kalmia and Adams). Excellent Location! Easy access to I-15 FWY, close to new Murrieta Town Center, Police, shopping centers with major anchors, schools, Murrieta City Hall, and old town Murrieta. Subject property is being as a contiguous offering, 6 lots total. Individual lots are also available to be sold individually- please inquire for individual pricing. 8.16 ACRES ZONED C-C. GREAT INVESTMENT OPPORTUNITY.