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$ 1,199,999
Est. payment | /mo
6,910 Acres Lot
$ 1,199,999
Est. payment | /mo
6,910 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26071115
HOA Y/N No
Year Built 1982
Annual Tax Amount $4,036
Lot Size 6910.000 Acres
Property Sub-Type Retail
Property Description
Presenting a ±2,526 square-foot single-tenant retail asset situated on a strategic ±6,970-square-foot dual-parcel lot. Located in a high-density trade area near the intersection of Floral Drive and North Eastern Avenue, this offering is a pure real estate play; the business is not included in the sale, providing a clean slate for the discerning investor or owner-user.
The property's true value lies in its exceptional operational flexibility and significant rental upside. Currently occupied by a month-to-month tenant at a rate well below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. With a 40-year history of stability and a location characterized by robust traffic counts and dense demographics, this is a rare opportunity to secure a high-visibility Los Angeles asset with immediate equity growth potential.
The property's true value lies in its exceptional operational flexibility and significant rental upside. Currently occupied by a month-to-month tenant at a rate well below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. With a 40-year history of stability and a location characterized by robust traffic counts and dense demographics, this is a rare opportunity to secure a high-visibility Los Angeles asset with immediate equity growth potential.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Paved, Walkstreet
Story 1
Water Public
Others
Listed by Saray Sanchez VISMAR REAL ESTATE 323-360-1895, DRE #01949045
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