1652 S La Cienega Blvd - Auto Repair FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$2,650,000 USD
424-291-4099
1652 S La Cienega Blvd, Los Angeles, CA for Sale
$2,650,000 USD
Auto Repair - FOR SALE
1/17
null | Request Cap Rate

1652 S La Cienega Blvd
Los Angeles, CA 90035
Pico-Robertson


OVERVIEW

AVAILABLE FOR PURCHASE IN PORTFOLIO OR INDIVIDUALLY • Prime Pico-Robertson location with convenient access to Beverly Hills, Century City, West Hollywood, and Culver City, surrounded by dense residential populations, established retail, schools, and numerous religious and community institutions. • ±11,720 SF of Retail across two adjacent buildings, offering a unique opportunity to acquire a substantial retail footprint in a prime location. • Turnkey Space offering existing improvements and ready for immediate occupancy, minimizing upfront renovation costs. • C2 Zoning offering flexibility for a wide variety of commercial uses, including retail, restaurant, fitness, and automotive uses. • MTM lease in place with below-market rents, creating immediate flexibility for an owner-user or value-add investor to restructure the tenancy and capture additional rental upside. • 1652 offers ±5,280 SF GLA with 30 feet of frontage, high ceilings, two roll-up doors, two bathrooms, an existing two-post car lift, and 110V and 380V three-phase power. • 1660 offers ±6,440 SF GLA with 80 feet of frontage on La Cienega Blvd and a dedicated roll-up door off Alvira St.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,280 SF

ZONING

C2

APN/PARCEL ID

5068-008-015

ASK ABOUT THIS PROPERTY

Christine BakerMatthews Real Estate Investment ServicesMore Info
424-291-4099

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Christine BakerMatthews Real Estate Investment ServicesMore Info
424-291-4099

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