11500 Atlantic Ave - Storefront Retail/Residential FOR SALE


Lynwood, CA 90262
$849,000 USD
310-529-0945
11500 Atlantic Ave, Lynwood, CA for Sale
$849,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | Request Cap Rate

NEW


11500 Atlantic Ave
Lynwood, CA 90262


HIGHLIGHTS

  • High ceilings throughout the ground floor retail space.
  • Corner property with two front entrances and rear parking area.
  • Large second-floor balcony approximately 20’ x 40’

OVERVIEW

This mixed-use property presents a compelling owner-user or investment opportunity in the heart of Lynwood. Positioned on a corner lot along an active thoroughfare, the property includes a ground-floor commercial space and two residential apartments. The building size of approximately 3,500 square feet offers flexibility for multiple tenant configurations, and the possibility for adding a mezzanine further enhances its potential for increased utility and income. The ground-floor retail component benefits from high ceilings, dual entrances, and strong visibility from a highly trafficked street. Ample rear parking and exclusive lot access improve functionality for both retail and residential tenants. On the upper level, the property features a significant 20' x 40' open deck, adding versatility for future enhancements. Located in a densely populated neighborhood, the property is adjacent to a busy express car wash and sits just one block from major conveniences such as 7/11 and Jack in the Box. Offered at a low price of $243 per square foot, this asset represents rare value and future upside for investors or owner-occupants seeking a well-located, adaptable property in Los Angeles County. The second floor features a residential component comprised of one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. The 1-bedroom apartment, approximately 550 square feet, has been occupied since 2016 and currently generates $1,150 in monthly rent. The 2-bedroom unit, measuring about 830 square feet, has been occupied since 2011 and produces $1,540 in monthly rent. Both units are currently on month-to-month tenancy.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,778 SF

ZONING

LYC3

APN/PARCEL ID

6189-036-010

ASK ABOUT THIS PROPERTY

Daniel GeffnerNewbridge PropertiesMore Info
310-529-0945

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Daniel GeffnerNewbridge PropertiesMore Info
310-529-0945

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.