11475 Garzoli Avenue
Delano, CA, 93215 $ 4,999,999
Baths0.0 Sq 5,620 Monthly Estimate*
$ 29,945
Listed by Rodeo Realty Inc.
Studio
for $4,999,999. This 5,620 square foot building was built in 2002 on a lot size of 8.99.
If you are looking for a Gold Mine... Buy yourself a Lienzo Charro. I offer you the Lienzo Charro el Zarape in Delano, California, and enjoy the fi… fie… fiesta… (Mexican party). Thousands of spectators ready to attend the next event. Jaripeos, concerts, dances, festivals, private celebrations. Lienzo Charro El Zarape – Delano, Ca. Parking for approximately 1 thousand vehicles. A million of latinos living around the are. In Lienzo Charro El Zarape artists such as Pepe Aguilar, Joan Sebastian, Ramón Ayala, Grupo Firme, Ezequiel Peña, El Recodo, Recoditos, El Dasa, Los Sebastianes, Eslabón Armado… and many more have performed. Call me, but first watch the video about this valuable property. This exceptional event venue, located in the booming city of Delano, California, offers a unique opportunity for investors or entrepreneurs looking for a versatile and lucrative property. With an impressive capacity of between 4,500 and 5,000 people, this Lienzo Charro is avaluable asset for the organization of large-scale events. Strategically located just off 99 Freeway, this venue enjoys a prime location that ensures high visibility and accessibility for attendees. With a nearly 10-acre site, it offers ample space to host a variety of events, from Jaripeos and Charrerías to concerts by renowned musical groups and singers. One of the most attractive features of this property is its wide range of licenses, which include permits for entertainment events such as Jaripeos, Charrerías and Concerts, as well as a License for the Sale of Beer and Wine. This diversity of activities maximizes income potential and attracts a broad customer base. In addition to its event capacity, the property has an extensive parking lot that can accommodate approximately 1,000 vehicles, ensuring the comfort and safety of attendees. But that's not all. This place also has 5 apartments with 2 bedrooms and 1 bathroom each, with a rent of $1,200 each per month, and a house with four bedrooms and two bathrooms. The house is available and adding value for both event organizers and visitors looking to stay on-site. In summary, this property is a unique opportunity in the real estate market, with exceptional potential to generate income through events and recreational activities. With its prime location, extensive facilities and diverse licensing, it represents a solid investment for those looking to capitalize on the entertainment and hospitality industry in the booming city of Delano, California.
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FeaturesGeneralHeating NaturalGas
Utilities ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerAvailable
Roof Metal Shingle
Architectural Style PatioHome
Construction Materials Brick MetalSiding SteelSiding Stucco Steel
Year Built 2002
Property SubType MultiFamily
Tax Year 2023
Additional Parcels Description 52107012004
County Kern
Net Operating Income 422919.0
Operating Expense 38050.0
Insurance Expense 7500.0
New Construction N
Property Type CommercialSale
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Use YOUR GPS
City Delano
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area DELA - Delano
Lot Size Units SquareFeet
Lot Size Square Feet 391605.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms CashtoExistingLoan CashtoNewLoan Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9030.54
Electric Expense 3200.0
Home Warranty Y/N N
Trash Expense 1500.0
Water Sewer Expense 1900.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 99
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional MultiFamily
Cap Rate 8.46
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ExteriorFencing Block
Lot Features Item25UnitsAcre Agricultural BackYard FlagLot HorseProperty Orchards Ranch
Water Source Public
Lot Size Area 391605.0
Spa N
Building Area Total 5620.0
Lot Size Acres 8.99
Lot Size Source Owner
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N Y
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features ElectricDryerHookup GasDryerHookup Inside
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $29,945
- Monthly Property Taxes
- $753
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Delano, CA
Average List Price $1,405,900
Percent of Sale Price 72%
About Delano, CA 54,530 Population
36% Since 2002
$ 37,365 Median Income
30.73 Median Age
50% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/6/2024 | $4,999,999 | | Listed Price |