1882-1890 W Washington Blvd - Storefront Retail/Office FOR SALE


Los Angeles, CA 90007- Harvard Heights
$2,100,000 USD
213-222-1209
1882-1890 W Washington Blvd, Los Angeles, CA for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

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1882-1890 W Washington Blvd
Los Angeles, CA 90007
Harvard Heights


HIGHLIGHTS

  • Heavy Traffic Commercial Corner: 36,581 VPD Traffic Count
  • 100% Occupied with 1 Unit Occupied by Owner
  • $103,636 NOI | 4.94% Cap Rate
  • Includes Rear Parking Lot for ±10 Vehicles
  • Directly Across From Angelus Rosedale Cemetary

OVERVIEW

Prime commercial investment opportunity featuring five units in a highly visible, signalized location at the southeast corner of Washington Boulevard and Normandie Avenue. The property is 100% occupied, with one unit currently occupied by the owner, and generates approximately $103,636 in net annual income, representing a 4.94% capitalization rate. Additional features include a rear parking lot accommodating approximately 10 vehicles and strong exposure to approximately 36,581 vehicles per day. Located directly across from Angelus Rosedale Cemetery, the property is approximately 1½ miles west of Downtown Los Angeles, three blocks north of the Santa Monica (I-10) Freeway, and eight blocks east of Western Avenue, offering excellent access and visibility in a central Los Angeles location.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Refrigeration/Cold Storage, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,129 SF

ZONING

LACM

APN/PARCEL ID

5075-028-008

ASK ABOUT THIS PROPERTY

Ron KimMajor PropertiesMore Info
213-222-1209

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Ron KimMajor PropertiesMore Info
213-222-1209

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