$1,495,000

We are pleased to present a 12,040 square foot Land Property located one parcel from the signalized corner of Foothill Boulevard and La Crescenta Avenue in beautiful La Crescenta, California. The offering includes a 1,039± square foot retail-office building which can be renovated to house a wide variety of businesses including medical, retail or office. The property has nearly 120’± of frontage on Foothill Boulevard and a width of varying sizes between 100’± to 124’± wide. There is a combined traffic count of 36,000± vehicles per day on the Foothill Blvd and La Crescenta Ave intersection, based on MPSI Estimates. Although the property benefits from a La Crescenta address, its zoning jurisdiction is aligned with Los Angeles County Department of Building and Safety. The Zoning for this property is C-3 and stands for “General Commercial”. This is the highest commercial zoning available in LA County allowing for a wide variety of commercial uses. The property is also governed by the La Crescenta-Montrose Community Standards which ensure that all designs and plans adhere to preapproved neighborhood specifications and quality. Ownership has completed a Land Survey, which will be made available to prospective qualified Buyers. Additionally, there are plans for a near 3,000 square foot building which ownership has put on hold temporarily. Both of these documents as well as additional reports are available for a qualified Buyers. At a list price price less than $125/SF for land, this offering is a bargain for someone who wants to be in the La Crescenta market.