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5010 - 5020 Huntington Drive S, Los Angeles, CA

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5010 - 5020 Huntington Drive S

Los Angeles, CA 90032-1617 - Greater Downtown Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1947
Building Size:5,288 SF Land Area:.33 AC (14,218 SF)
For Sale Price:$1,395,000 Price/SF:$263.80
Cap Rate:-
Parking:21 Surface spaces are available; Ratio of 3.97/1,000 SF

Sale Notes:
Growth Investment Group is proud to present the 5010-5020 Huntington Drive;
a two-tenant retail property on Huntington Drive retail corridor in a high density
area of El Sereno. This is the first time it is offered for sale in over 40 Years. The
property offers an excellent frontage along Huntington Drive and sits on a
large lot size with C4 zoning. This part of Huntington Drive is considered as
one of the busiest boulevards (±38,500 vpd) that crosses Los Angeles and San
Gabriel counties.

The property consists of 2 single-story buildings; the larger unit size is ±3,928
sqft, and the smaller unit size is ±1,360 sqft. The larger unit features high 20
foot ceilings, an efficient mezzanine office, built in storage area, a secure side
and back entrance, and a large side wall for signage and advertisement
opportunity (facing Huntington Dr eastbound traffic).

The property has C4 zoning which covers a wide range of use; for example,
as medical facility, retail store or an ideal development play for a boutique
bar or restaurant. The property has plenty of parking and would make a great
restaurant bar location.

The property is located in El Sereno, a versatile section of Los Angeles which
has become one of the most desired locations in Los Angeles. It has a views of
Elephant Hill and has influx of upwardly mobile millennia’s who are choosing
to make this centralized area home. It is adjacent to the highly desirable city
of South Pasadena. Due to its highly desirable retail location, C4 zoning, this
property offers a unique opportunity to investor/owner-user to acquire a well
located retail property in a high density area.

Growth Investment Group, Inc.
Han Widjaja-Chen
(626) 594-4901

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