920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term.
The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro’s E Line (light rail) along with Metro’s bus service connects residents and patrons throughout LA with convenient transportation.
This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location’s proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don’t want to miss this opportunity to own a slice of LA’s thriving real estate market!
The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro’s E Line (light rail) along with Metro’s bus service connects residents and patrons throughout LA with convenient transportation.
This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location’s proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don’t want to miss this opportunity to own a slice of LA’s thriving real estate market!
Property Details
Price:
$699,000
MLS #:
PW24127830
Status:
Active
Baths:
0
Address:
920 N Bonnie Beach Place
Type:
Commercial
Subtype:
Retail
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jun 21, 2024
State:
CA
ZIP:
90063
Year Built:
1971
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
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Courtesy of Justin White. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
920 N Bonnie Beach Place
Los Angeles, CA
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