$1,429,000
For Sale

11460 Ramona Boulevard

El Monte, CA 91731
0.30 acres | #CV24245706
Listing OfficeFirst Team Real Estate - OC
Browse 3 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

Great Bread and Butter investment property. **Prime Investment Opportunity on Bustling Ramona Blvd** Occupied for over 40 years, currently an Auto Body Repair and SFR rental, which uses can continue beyond a sale transfer with CUP approval. Welcome to 11460/11464 Ramona Blvd, situated in the heart of El Monte's thriving business district. The ~3,376 square feet of Industrial/Residential buildings sit on a generous ~0.3 acre lot, providing ample space for various business ventures. The recent zoning upgrade to C3 [See Division 4 - Chapter 17.40 - Commercial Zoning Districts] presents an exciting opportunity for investors and owner-users alike. **Key Highlights:** Strategically positioned near the corner of Ramona Blvd and Peck Road, just behind the Walgreens Center, this property enjoys high visibility and accessibility. With the city's focus on mixed residential-commercial developments in the area, the potential for growth and appreciation is substantial. The flexible C3 zoning allows for a variety of uses, making it ideal for retail, office, or commercial/mixed-use development. Whether you're looking to start a new business or expand your investment portfolio, this property offers endless possibilities. **Schedule a viewing today and unlock the potential of this prime investment property!**

  • Property Details
      • CountyLos Angeles
      • Original List Price$1,429,000
      • MLS #CV24245706
      • Property SubtypeIndustrial
      • MLS #CV24245706
      • Property TypePurchase
      • Cost1429000
      • Acres0.2976
      • Utility SourcePublic
      • Year Built1949
      • Stories1

Location

Gary ElminoufiReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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