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    41 Live Oak Avenue

    Arcadia, CA 91006
    • $3,750,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: P0-820002799
    UPDATED: 29 min ago
    $3,750,000
    • 0
      BEDS
    • 0.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,792
      SQFT
    • $481
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    FOR SALE OR LEASE - Rare Arcadia office/retail/redevelopment opportunity with a huge +/-38,101 SF lot, located in the Live Oak Avenue/Las Tunas Drive commercial and mixed-use corridor, just east of Santa Anita Avenue. To be delivered vacant - perfect for an owner/user or an investor/developer. C-O Professional Office zoning is suitable for bank, professional, medical and governmental offices. With nearby mixed-use zoning and an ongoing 80-unit mixed-use townhome project by Lennar on Live Oak Avenue, it'd be advisable for an investor/developer to look into the potential rezoning of the parcel to enable future mixed-use development (buyer to verify with the city).41 E Live Oak Avenue has a total building size of +/-7,792 SF, sitting on a huge +/-38,101 SF lot. Formerly a Citibank banking center, the building's 1st floor has a main lobby, bank vault, teller counters, and a breakroom. The 2nd floor is consisted of four (4) offices and a breakroom. The property offers plentiful parking with forty-seven (47) parking spaces (an outstanding parking ratio of 6/1,000 SF).Conveniently by Albertsons, US Post Office, Longley Way Elementary (GreatSchools 9 out of 10), Richard Henry Dana Middle School (9 out of 10), and Arcadia High (9 out of 10).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T12:28:57.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/109539586
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    41 Live Oak Avenue Arcadia, CA 91006

    • Price: $3,750,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: P0-820002799
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.87
    Acres
    7,792
    SQFT
    $481
    $/SQFT
    1964
    Built
    Neighborhood:
    Not Applicable - 1007242
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    FOR SALE OR LEASE - Rare Arcadia office/retail/redevelopment opportunity with a huge +/-38,101 SF lot, located in the Live Oak Avenue/Las Tunas Drive commercial and mixed-use corridor, just east of Santa Anita Avenue. To be delivered vacant - perfect for an owner/user or an investor/developer. C-O Professional Office zoning is suitable for bank, professional, medical and governmental offices. With nearby mixed-use zoning and an ongoing 80-unit mixed-use townhome project by Lennar on Live Oak Avenue, it'd be advisable for an investor/developer to look into the potential rezoning of the parcel to enable future mixed-use development (buyer to verify with the city).41 E Live Oak Avenue has a total building size of +/-7,792 SF, sitting on a huge +/-38,101 SF lot. Formerly a Citibank banking center, the building's 1st floor has a main lobby, bank vault, teller counters, and a breakroom. The 2nd floor is consisted of four (4) offices and a breakroom. The property offers plentiful parking with forty-seven (47) parking spaces (an outstanding parking ratio of 6/1,000 SF).Conveniently by Albertsons, US Post Office, Longley Way Elementary (GreatSchools 9 out of 10), Richard Henry Dana Middle School (9 out of 10), and Arcadia High (9 out of 10).
    Exterior Features

    Lot Features Corner Lot Lot Size Source Other Lot Size Units Square Feet Parking Ratio 61000.00 Parking Total 47.00 Uncovered Spaces 47.00

    Interior Features

    Clearance Height Min 16.00

    Property Features

    Asset Class Land/UnimprovedOfficeRetail Business Type Professional/OfficeProfessional ServiceRetailChurchGovernmentDentalMulti-TenantMixedSingle-Tenant Country Us Existing Lease Type Nnn Investment Property YN No Land Use Multi-FamilyOfficeRetail Lease Renewal Option YN No Occupancy Vacant Special Listing Conditions Standard Subdivision Name Other Not Applicable - 1007242 Zoning C-O

    Listing provided courtesy of Tzu-Ning Chang of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-25T12:28:57.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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