324 Mcdonnell AveEast Los Angeles, CA 90022

Exceptional investment opportunity: a 14,084 square foot restaurant located at 324 N McDonnell Ave, East Los Angeles, CA 90022. This property, situated on a 1.39-acre lot (APN 5235-021-023), boasts a prime location with high visibility and accessibility, adjacent to the interchange of the 710 and 60 freeways. Built in 1955, the building is zoned LCR2* and offers a wealth of amenities beyond the restaurant space. These include secured gated parking, an Olympic-size (approximately 50 x 30 ft) swimming pool, and a turf soccer field. Further enhancing the property's versatility is a 4,000 square foot gymnasium with 24-foot high ceilings, four classrooms, four offices, four bathrooms, boys' and girls' locker rooms, an industrial kitchen, a kitchenette, and an exclusive reception lounge. Strong demographics and high traffic counts contribute to the property's significant potential. The asking price is $8,000,000. This unique property presents a rare chance to acquire a substantial commercial space with diverse uses in a highly desirable East Los Angeles location.