2116-2118 S Central Ave - Storefront FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$1,100,000 USD
424-421-4241
2116-2118 S Central Ave, Los Angeles, CA for Sale
$1,100,000 USD
Storefront - FOR SALE
1/3
null | 5.3% Cap Rate

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


HIGHLIGHTS

  • New HVAC system installed approximately two years ago, providing efficient and reliable climate control
  • Two on-site restrooms providing added convenience for staff and clientele alike
  • ADA-compliant improvements offering accessibility and convenience for a wide range of users
  • Property features a newer HVAC system, ADA-compliant improvements, hot water throughout the premises, and two on-site restrooms.
  • Approximately 70 feet of frontage along S. Central Avenue with traffic counts exceeding 28,000 vehicles per day.
  • Hot water available throughout the premises for added convenience and functionality.

OVERVIEW

Well-located retail investment opportunity in the heart of Los Angeles featuring a long-term health clinic tenant and stable in-place cash flow. The property benefits from approximately 70 feet of frontage along S. Central Avenue, strong visibility, six on-site parking spaces, and Opportunity Zone designation. Recent upgrades include a newer HVAC system and ADA-compliant improvements. LAC2 zoning provides flexibility for a variety of commercial uses while the existing tenancy offers immediate income stability.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$743 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

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

Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

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Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

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