1880 S Redondo Blvd - Retail FOR SALE


Los Angeles, CA 90019- Mid-City
$1,650,000 USD
213-210-7492
1880 S Redondo Blvd, Los Angeles, CA for Sale
$1,650,000 USD
Retail - FOR SALE
1/12
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1880 S Redondo Blvd
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Prime Retail Strip Center
  • 2 Tenants With Combined $7,000 Gross Monthly Income
  • Onsite Shared Parking for ±12 Vehicles
  • Signalized Corner of Washington Blvd & Redondo Blvd

OVERVIEW

Strip Retail Center with two tenants. Heavy traffic signalized corner location: 23,959 vehicles per day. Onsite shared parking for ±12 vehicles. Bike Shop occupies 1,100 SF (month-to-month). Laundromat occupies 2,500 SF (just signed a ten year lease with 3% annual increases). Combined $7,000 gross monthly income. Designated Qualified Opportunity Zone location (tax benefits). Situated 5 blocks west of La Brea Avenue. Easy Santa Monica (I-10) Freeway access (just 4 blocks to the south). Close to the Miracle Mile and Mid-Wilshire.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Heavy Traffic Retail Investment Opportunity

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,510 SF

ZONING

LA C2-1VL-CPIO

APN/PARCEL ID

5067-018-029

ASK ABOUT THIS PROPERTY

Sion KhakshourMajor PropertiesMore Info
213-210-7492

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Sion KhakshourMajor PropertiesMore Info
213-210-7492

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