2116-2118 S Central Ave - Storefront FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$1,200,000 USD
562-440-0177
2116-2118 S Central Ave, Los Angeles, CA for Sale
$1,200,000 USD
Storefront - FOR SALE
1/3
null | 5.46% Cap Rate

2116-2118 S Central Ave
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • Motivated Seller - Bring All Offers
  • New Development Next Door - LAC2 Zoning with Excellent Add-Value Future Development Opportunities
  • Signalized Location with High Traffic Flow & Heavy Neighborhood Foot Traffic
  • Strong Non-Profit Health Clinic Tenant - Pride of Ownership Building
  • (6)+ Rear Fenced Parking Spaces with Automatic Gate - Covered Storage & Parking Area
  • Near USC, DTLA, Fashion & Flower Districts - Near Metro & Bus Lines - Easy Access to the 10, 110 & 5 Freeways

OVERVIEW

MOTIVATED SELLER – BRING ALL OFFERS! Great development and investment opportunity in a high-visibility, high-traffic corridor with built-in stability and future upside. This pride-of-ownership commercial (2) Store Front property is located at a signalized intersection and features LAC2 zoning, allowing for excellent flexibility and potential future development. Situated next to a brand-new development, the property is ideally positioned for long-term value growth. Whether you're seeking a secure income asset or looking to unlock long-term development potential, this property checks all the boxes. Currently occupied by a strong non-profit health clinic tenant, the building offers immediate income stability in a dense, pedestrian-friendly neighborhood. The site features over six secure rear parking spaces, an automatic gate, covered parking, and a storage area, adding convenience and functionality for tenants or future uses. Located near USC, Downtown LA, the Fashion District, and the Flower District, the property also benefits from proximity to major transit corridors, including Metro and bus lines, as well as easy access to the 10, 110, and 5 freeways.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$811 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

LAC2

APN/PARCEL ID

5119-003-023

ASK ABOUT THIS PROPERTY

Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

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Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

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