Presented by
Dominic Labriola of
Selman & Associates - The Concierge Service Team.
Rare Commercial land - build your retirement on this exclusive investment opportunity!
MLS#
813143
Beds:
-
Baths:
0
Description: Incredible Investment Opportunity! Six C-1 Parcels on high traffic corner of Jamaica Blvd and Chemehuevi Blvd surrounded by alley around rear for complete accessiblity! Build your retirement and create passive income on this prime commercial real estate. C-1 zoning allows for multiple uses including retail, office, restaurant and more. Architecturally designed and Engineered CONCEPTUAL plans for a 16,000 square foot building on Phase I have already been to the city - they are included for free with purchase. Renderings for the first phase and the second phase are also included. The second phase can accomodate a 24,000 square foot building for a total of 40,000 square feet of rental space. OWC with 25% down, 30 year amortization at 7%. No balloon payment until you build! This property is incredibly rare. High traffic street frontage, lots of buildable space and two segments of adjoining parcels make this extremely valuable! Soils Engineering, Topo Map, Survey all done. With the OWC option - you shouldn't hesitate to act now.
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