This is an excellent opportunity to own an income generating property. The property is free-standing. It includes a one-story building, and a 3-car garage with a second-floor storage room. The property is located at the southwest corner of Las Tunas Drive and St. Francis Street. Las Tunas Drive is a main artery in the City of San Gabriel. There is free 2-hour street parking along Las Tunas Drive, and on St Francis Street. The property is within walking distance to the San Gabriel Country Club. Nearby on St. Francis Street, there are new and nearly ompleted residential properties, which may attract more foot traffic to local businesses. The experienced and loyal tenant has recently extended the lease for another 5-year term. The tenant operates a full-service lash, waxing, nail care, and facial salon. Rent is currently at the rate of $3400 per month, with annual rent increases. The tenant pays for all of the utilities, and trash service. The tenant is also responsible for all building aintenance. The owner pays property taxes. Seize this opportunity now before someone else beats you to it! This is the mailbox money that every landlord dreams about.
AR23231319
Retail, Business Opportunities, 2 Story
Los Angeles
1953
0.0746
Acres
Public
2
Stucco
1,914
Sq. Ft.
2 Total
Detailed Room Information
- Laundry
- Laundry Room
Interior Features
- Cooling
- Central Air
- Heating
- Other. Central.
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Exterior
- Stucco
- Roof
- Flat, Shingle
- Fence
- Wood
- Additional Exterior/Lot Features
- Corner Lot,Level.
Financial Considerations
5367012001
Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
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