1669-1683 11th St - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90015- Pico-Union
$2,400,000 USD
213-627-0007
1669-1683 11th St, Los Angeles, CA for Sale
$2,400,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 5.21% Cap Rate

1669-1683 11th St
Los Angeles, CA 90015
Pico-Union


HIGHLIGHTS

  • 10 Residential Units + 6 Retail Storefronts
  • Existing Cash Flow with Retail Lease-Up Upside
  • Three Renovated, Lease-Ready Retail Suites
  • Prominent Corner Location in Pico-Union
  • Long-Term Ownership & Pride of Ownership
  • Recent Capital Improvements & Individually Metered Utilities

OVERVIEW

1669–1683 W. 11th Street presents a mixed-use investment opportunity in the Pico-Union neighborhood of Los Angeles. The Property consists of ten residential units above six ground-floor retail storefronts totaling approximately 10,154 SF on a 5,385 SF corner lot. Current tenancy provides in-place cash flow with additional upside through the lease-up of three renovated retail suites. Recent ownership improvements include refreshed storefronts, upgraded electrical infrastructure, maintained building systems, and individually metered residential and retail services. The Property benefits from a prominent corner location with proximity to Downtown Los Angeles, USC, the Santa Monica Freeway (I-10), and Harbor Freeway (I-110).

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$617 USD /SF

CAP RATE

5.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,357 SF

ZONING

LACR

APN/PARCEL ID

5137-018-011

ASK ABOUT THIS PROPERTY

Mark WhitmanDorin Realty CompanyMore Info
213-627-0007

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Mark WhitmanDorin Realty CompanyMore Info
213-627-0007

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