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135 E Vernon Avenue, Los Angeles, CA

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135 E Vernon Avenue

Los Angeles, CA 90011-2903 - Mid-Cities Submarket

Property Type:Specialty Sub Type:Religious Facility Status:Existing Year Built:1948
Stories:1 Typical Floor:2,766 SF Building Size:2,766 SF
For Sale Price:$745,000 Price/SF:$269.34
Cap Rate:-
Parking:11 Surface spaces are available; Ratio of 3.97/1,000 SF

Sale Notes:
Brookfield Partners is pleased to present this unique opportunity for an investor or owner-user to acquire this retail asset in the heart of Los Angeles. Situated at the signalized, triangular corner of Vernon Avenue, Woodlawn Avenue, and San Pedro Place, this 2,766 square foot retail property sits on a 10,548 square foot lot on 2 parcels. Average daily traffic on Vernon Avenue is over 32,000 cars, making this investment an exciting retail repositioning opportunity. The building is currently occupied by a church, which is on a month-to-month basis.

There are a minimum of 14 parking spaces. The property is located in a former state enterprise zone, with less stringent parking requirements for a variety of retail uses.
Signalized corner of Vernon Avenue, Woodlawn Avenue, and San Pedro Place in the heart of metropolitan Los Angeles.

Brookfield Partners
Jay Martinez
(818) 201-3605

Darin Spillman
(818) 201-3621

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