Montclair, CA 91763,5391 Moreno ST
Montclair, CA 91763,5391 Moreno ST
Montclair, CA 91763,5391 Moreno ST
Montclair, CA 91763,5391 Moreno ST
Montclair, CA 91763,5391 Moreno ST
Montclair, CA 91763,5391 Moreno ST
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$23,750

$25,000,000

99.9%
Est.Price: ?

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Est. payment /mo

8.81 Acres Lot


SOLD DATE : 09/01/2022

Key Details

Sold Price $23,750

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21245442

Sold Date 09/01/22

HOA Y/N No

Year Built 1993

Lot Size 8.810 Acres

Property Description

Ashwill Associates is pleased to present, for sale, Montclair East Shopping Center; a fully leased Southern California shopping plaza with 87% of its square footage leased to national brand tenants. Located at 5391-5467 Moreno St. Montclair, CA 91763, the 9.56 Acre property is made up of a healthy tenant mix and is well positioned for the local demographics. Freeway frontage off the 10 Freeway and sitting next to Montclair Place, a recently modernized and updated indoor mall, Montclair East Shopping Center features freeway visible monument signage, ample parking, high foot traffic and excellent ingress/egress. With freeway on ramps and off ramps at Central Ave. The center can be easily accessed from both Los Angeles and the Inland Empire. Surprisingly, this thriving center can now be purchased for below replacement cost. It is the perfect 1031 upleg property for investors seeking an investment with low management. The two separate parcels can be sold together or independently.

Location

State CA

County San Bernardino

Area 685 - Montclair

Interior

Fireplace No

Laundry None

Building

Lot Description Level, Rectangular Lot

Story 1

Water Public

Others

Tax ID 1008201220000

Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, 1031 Exchange

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by William Hugron • Ashwill Associates
Bought with Ruben Khorsandi • NONMEMBER MRML
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+1(951) 428-0833

brittany.nicola@exprealty.com

2603 Camino Ramon, Ramon, CA, 94583

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