920 N Bonnie Beach Pl

Square Feet: 625 

Sales Price: $699,000 

920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term.

The asset is located directly across the street from William Anton Elementary School, and is zoned R2 / LCK2* while also being in an Opportunity Zone. This provides for future or current tax benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of unincorporated East Los Angeles. Metro’s E Line (light rail) along with Metro’s bus service connects residents and patrons throughout LA with convenient transportation.

This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location’s proximity to DTLA, the 10 fwy, 710, 60, 101 and the I5. You don’t want to miss this opportunity to own a slice of LA’s thriving real estate market!