See all 15 photos
15 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Susan Bernstein • Rodeo Realty
$699,000
Est. payment /mo
3,039 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 3,039 sqft
Price per Sqft $230
MLS Listing ID CRSR25232578
HOA Y/N No
Year Built 1922
Lot Size 0.310 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Accepted offer of $1,000,000. Court overbidding will start at $1,050,500. Court date is December 22 at 8:30 AM, 111 N. Hill Street, Dept 99. Trust Sale, COURT CONFIRMATION REQUIRED. Multiple offers. Excellent development or investment opportunity on a substantial 13,518 sq ft lot zoned LCM1. The property includes a functioning grocery store and a butcher shop that is sublet by the grocery tenant. The current lease for the grocery store expired in 2022, and it is highly advisable for prospective buyers to review all lease agreements and terms. This versatile property offers significant potential for the highest and best use, whether for redevelopment, retail expansion, or other commercial/industrial uses permissible under LCM1 zoning. The lot's size and zoning provide flexibility for various development visions, making it an attractive opportunity for investors or developers seeking to capitalize on a strategic location. The property is being sold AS IS with existing tenant and code violation. easy access for showings. This is a rare chance to acquire a well-located parcel with substantial upside potential in a high-traffic area, suitable for buyers with redevelopment visions or those looking for a solid income-producing asset.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
Read Less Info
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Get More Information