11700 National Blvd - Retail FOR SALE


Los Angeles, CA 90064- Mar Vista
$30,000,000 USD
310-395-2663
11700 National Blvd, Los Angeles, CA for Sale
$30,000,000 USD
Retail - FOR SALE
1/13
null | Request Cap Rate

11700 National Blvd
Los Angeles, CA 90064
Mar Vista


OVERVIEW

This sale is for the properties located at 11700 National Boulevard, 11705-11711 National Boulevard and 2855 S. Barrington Avenue, and 11685-11695 National Boulevard and 2850-2852 S. Barrington Avenue ("The Properties"). 11700 National Boulevard has a GLA of approximately 15,646 SF with 100% occupancy and 41 parking spaces (APN# 4250-0014-026). 11705-11711 National Boulevard and 2855 S. Barrington Avenue has a GLA of approximately 8,576 SF with 100% occupancy and 31 parking spaces (APN# 4257-011-025). 11685-11695 National Boulevard and 2850-2852 S. Barrington Avenue has a GLA of approximately 9,575 SF with 43.92% occupancy and 12 parking spaces (APN# 4258-009-010). This unique offering presents the rare opportunity to acquire three corners at the highly visible intersection of National Boulevard and S. Barrington Avenue in Los Angeles. Strategically located in a dense Westside submarket with strong demographics and consistent traffic, these three properties offer stable in-place income with long-term upside. Collectively, the portfolio is projected to generate approximately $1,542,034 in annual net income based on 100% occupancy and current operating expenses. Rent roll and expense details are available upon execution of a buyer registration agreement.

FOR SALE DETAILS

PRICE

$30,000,000 USD

PRICE/SF

$1,976 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

National and Barrington Portfolio

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

4250-001-026

ASK ABOUT THIS PROPERTY

Rafael PadillaPAR Commercial Brokerage, Inc.More Info
310-395-2663

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Rafael PadillaPAR Commercial Brokerage, Inc.More Info
310-395-2663

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