AVAILABLE: Mixed Use Medical Office & Retail Building
Walnut Park, Ca
Offered at $1,850,000
7715-23 Pacific is located in the highly desirable Walnut Park neighborhood in the County of Los Angeles next to Huntington Park, Ca. This is a rare mixed-use Medical Office & Retail Building at the NWC of Pacific and Olive. Ideal for an owner/user or investor who would like add value and maximize retail rents.
The property consists of 2 buildings divided into 7 rentable units with all tenancy set to expire in the next two years. All leases are Gross allowing for a new investor to convert them to NNN. The building was originally built in 1950 with a total size of 7,002 SF, sitting on 12,401 SF corner lot zoned C3 allowing for many uses including medical. The property is currently 36% vacant.
Prime Location in Walnut Park, near to Huntington Park, South Gate, Downey, Schools, Parks, and Restaurant & Shops.
- Gross Lease Tenancy with Corner Medical Unit Vacant.
- Below Market Rents in a Strong Rental Area.