Baldwin Park, CA 91706,1022 Leorita ST
Baldwin Park, CA 91706,1022 Leorita ST
Baldwin Park, CA 91706,1022 Leorita ST
4
$7,800,000
$7,800,000
Est.Price: ?

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1.54 Acres Lot

1022 Leorita ST Baldwin Park, CA 91706

Est. payment /mo
SOLD DATE : 06/01/2021

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Key Details

Sold Price $7,800,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW20230806

Sold Date 06/01/21

HOA Y/N No

Lot Size 1.540 Acres

Acres 1.54

Property Description

Rare opportunity to acquire over 1.5 acres of freeway-adjacent property in the Greater Los Angeles area poised for redevelopment. The property is located on two contiguous parcels at 1022 and 1026 Leorita Street in Baldwin Park, California next to Kaiser Permanente’s Baldwin Park Medical Center and the 10 Freeway, on which traffic volume exceeds 200,000 cars per day. This asset is well-known to area motorists for its iconic freeway-visible signage: a horse and boot representative of the tenant, Broken Horn Saddlery, the “West Coast’s Largest Western Superstore.”

The legacy tenant currently occupies both buildings on the property, which are 1986 constructions totaling 23,040 square feet.

Location

State CA

County Los Angeles

Area 608 - Baldwin Pk/Irwindale

Zoning BPCM*

Interior

Fireplace No

Exterior

Community Features Urban

View Y/N No

View None

Building

Lot Description Lot Over 40000 Sqft

Water Public

New Construction No

Others

Senior Community No

Tax ID 8559008011

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
Bought with David O'Keefe • Marcus & Millichap

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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