Price Reduction - New Construction
Address
49771 Gorman Post Road Gorman, CA
Price
$ 767,900
Property Attributes
  • MLS#SR20216603
  • TypeCommercial
  • CountyLOS ANGELES
  • CityGorman
  • AreaGorman
  • Zip93243
  • StyleRetail
  • Price$ 767,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4466
Listing Provided Courtesy Of:
Yishai Schoffman with Lenny Coltun Realty.
Property Description

1.1 acres of commercial land along the 5 Freeway in Gorman, California. The property is located next to one of the busiest off-ramp locations. It is a few miles west of the El Tejon Centennial Project with a 19,000 home development which already started in June 2020, bringing further tremendous potential to the area. This commercial property has a generous CRU zoning, commercial, retail, restaurant, office, and personal. Existing are seven buildings of 14 units of the old Gorman Motel. Land is level. All utilities are readily available. Seller obtained a topographic survey map. Tenant improvement permit is in the final stages of being approved by LA County Building department. This is a development dream, with builders, investors, and developers appreciating this unique commercial lot. It is a spacious site with lots of potential, don't let it get away.

Price History
10/14/2020 Listed $777,900
1/22/2021 2% - $767,900

General Features

Business Type Retail
Construction Materials Stucco
Current Financing Conventional
Directions 5 FWY, Gorman exit. Use Navigation for exact address.
Listagentaor Southland
Listing Agent Yishai Schoffman - BRE#01941195
Listing Agent State License 01941195
MLS Area GOR - Gorman
Price Per Square Foot 171.94
Property SubType Retail
Property Type Commercial Sale
Roof Shingle
Source System CRMLS
Special Listing Conditions Standard
Topography flat
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available

Interior Features

Amperage 300
Condo Area Unit Type Square Feet
Laundry Features None
Total Stories 1

Exterior Features

Building Area Total 4466.00
Fence Y/N Yes
Land Use Retail
Lot Size Source Assessor
Number of Buildings 7
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93243

Price
AVG $770K
$770K
Visits
AVG 36
57
Year Built
AVG 1955
1955

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover