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$2,690,000
Est. payment /mo
5,445 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25188433
HOA Y/N No
Year Built 1933
Lot Size 5,445 Sqft
Property Sub-Type Retail
Property Description
Rare opportunity to acquire a multi-tenant commercial property in the center of Kersting Court, Sierra Madre's primary retail and dining district. The property offers strong street frontage and exposure, and is currently occupied by two established tenants, Emmi's and Village Pizza, both with long-term community presence. One of only two properties in Kersting Court with on-site parking, providing convenience for customers and tenants. Recent city improvements, including expanded public parking and upgraded walkways, have increased accessibility to the area. An additional parcel in the rear, currently used for parking, offers potential for future value-add opportunities. The property presents stable income with the potential for rent growth and redevelopment options.
Location
State CA
County Los Angeles
Area 656 - Sierra Madre
Interior
Fireplace No
Laundry None
Building
Lot Description Walkstreet
Story 1
Water Public
Others
Tax ID 5767019024
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Special Listing Condition Trust
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Listed by Nicholas Borrelli Coldwell Banker Realty 626-484-7975