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5527 S Central Avenue, Los Angeles, CA

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5527 S Central Avenue

Los Angeles, CA 90011 - Mid-Cities Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1920
Building Size:4,000 SF Land Area:.12 AC (5,227 SF)
For Sale Price:$1,200,000 Price/SF:$300.00
Cap Rate:-
Parking:8 Surface spaces are available; Ratio of 2/1,000 SF
Features:Fenced Lot

Related to all commercial and retail uses. Currently used and maybe sold as a fully
operational commercial dry cleaning/laundry facility. Fenced and secured parking lot in the rear for 8 vehicles. Loading door in rear. Rear alley access. Bathroom and office recently renovated.

Sale Notes:
-Compliant for a Commercial Cannabis Retail License
-High traffic location- significant foot and vehicle traffic
-Closest legal dispensary is over a mile away
-Large parking lot in back of building- can fit approximately 8 cars
-Perfect opportunity with Phase 3/Final application period coming out

DAUM Commercial Real Estate Services
Ben Spinner
(213) 270-2263

James Vu
(213) 270-2249

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