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5112 - 5114 S Central Avenue, Los Angeles, CA

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5112 - 5114 S Central Avenue

Los Angeles, CA 90011-4714 - Mid-Cities Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1922
Building Size:2,584 SF Land Area:.14 AC (6,098 SF)
For Sale Price:$895,000 Price/SF:$346.36
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 3.09/1,000 SF
Features:Signalized Intersection
1,720 SF is available to occupy upon purchase.

Sale Notes:
Brookfield Partners is pleased to present this mixed used asset on Central Avenue in Los Angeles. The property consists of 2 structures on one lot. The first building consists of approximately 1,720 square feet and contains 3 storefront retail units with month to month leases, with total street frontage on Central Avenue of around 43.5 feet. The rear structure is a 2 bed 1 bath single family residence of around 864 square feet. The house is accessed by the rear alley and affords privacy and many trees. An owner user could occupy the retail units (and additionally the house as an option) and obtain 90% SBA financing. Over 25,000 cars pass this location on a daily basis.

The youthful Central-Alameda neighborhood of the South Los Angeles, California, region lies just south of Downtown and west of Huntington Park. Its 43,000+ residents make one of the highest-population-density neighborhoods in the city of Los Angeles and one of the densest in Los Angeles County. Its average household size is considered high when compared with the city and the county as a whole.

Brookfield Partners
Jay Martinez
(818) 201-3605

Darin Spillman
(818) 201-3621

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