15660 Amar Rd , La Puente, CA, 91744

15660 Amar Rd La Puente, CA 91744

15660 Amar Rd , La Puente, CA, 91744
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FOR SALE
Property Type:
Street Retail
Amount:
$1,400,000
Last Verified:
Feb 07, 2023

Highlights

  • Large Lot
  • Value-Add Opportunity
  • Signalized Hard Corner
  • Situated On a 21,000 SF Lot
  • Great Visibility From The Street

Description

15660 Amar Rd is a 5 unit street retail center located in the heart of La Puente at a signalized intersection. This is a great location just 20 miles east of Downtown Los Angeles. La Puente is home to 37,000 residents and has easy access to interstate 10 and the 60 freeway. The property has great frontage and clear visibility from the street. This is a great opportunity for an owner user or a buyer looking for income.

The city of La Puente is located 20 miles east of downtown Los Angeles in the San Gabriel Valley, the community of La Puente is predominantly residential and home to over 37,097 residents. Freeway access to the City is readily available from the 10 Interstate and 60 Freeway

Today, the City of La Puente is approximately 3.48 square miles and is home to approximately 40,000 people. It is primarily a residential community (70%) with multiple types of businesses located primarily along major highways and streets. Industrial land use is less than five percent (5%) of the City’s 3.5 square mile land area. The City’s rural community is preserved by a well-defined general plan.


Year Built: 1979
Building Size: 4500sq ft
Lot Size: 0.5 acres

Map of 15660 Amar Rd , La Puente, CA, 91744

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.