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$899,000

Beds
1
Baths
1.0
sq ft
552

13019 Terra Bella St, Pacoima, CA 91331

13019 Terra Bella St

Pacoima, CA 91331

  • 27 days on market
MIG Commercial Real Estate Services Inc. proudly presents a strategic commercial opportunity at 13019 Terra Bella St. in Pacoima. This gated and secure property spans 4,986 square feet of industrially zoned MR1 land and includes a 552 square foot structure with one bedroom and one bathroom. The MR1 Restricted Industrial Zone in Los Angeles supports a range of light industrial activities, making this property ideal for a variety of commercial uses. Permitted activities include light manufacturing, warehousing, and certain vocational and trade schools, all within enclosed spaces, ensuring minimized noise, dust, and odor—perfectly aligning with this property’s setup?. Whether you’re a value-add investor looking to build on the excess land or an owner-user interested in SBA financing, this property offers versatile potential. Located close to the 5, 210, and 118 Freeways, it provides exceptional connectivity for streamlined business operations.

Details

Property type

Single Family Residence

Est. home value

$601,566

Lot size

4,988 sq ft

Price per sq ft

$1,629

Year built

1942

HOA

No

Price History

11/25/2024
CRMLS

CRMLS #GD24234805

Listed
$899,000
+160.58%
08/31/2016
CRMLS

CRMLS #SR15215265

Sold
$345,000

Schools & Community

Neighborhood: 

Pacoima

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pmac Lending Services Inc

Loan start date

November 2021

Original loan amount

$377,000

Est. remaining balance

Not provided

Interest rate

4.24%

Loan type

New Conventional, 30 year

Seller

Asatur Ovsepyan

Lender

Pangea Group Llc

Loan start date

July 2020

Original loan amount

$360,500

Est. remaining balance

Not provided

Interest rate

3.21%

Loan type

Commercial, 1 year

Seller

Asatur Ovsepyan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 12:55 PM

Listing updated: 12/04/2024 at 9:25 PM

Listed by: Alex Matevosian, MIG Commercial Real Estate Ser Phone #: (818) 482-3830

MLS: CRMLS #GD24234805

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