2734 N Eastern Ave - Freestanding FOR SALE


Los Angeles, CA 90032- Lincoln Heights
$699,000 USD
626-945-0305
2734 N Eastern Ave, Los Angeles, CA for Sale
$699,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

2734 N Eastern Ave
Los Angeles, CA 90032
Lincoln Heights


HIGHLIGHTS

  • Prime Location & Neighborhood
  • Multi-Tenant Commercial Building
  • Recent Remodel & Development Potential
  • Zoned C4 (Neighborhood Commercial)

OVERVIEW

NAI Capital is pleased to present an opportunity to purchase a small multi-tenant (2 tenants) building measuring +/- 840 square feet of retail / commercial space on ±2,187 square feet of land (per Assessor) for a myriad of scenarios: Owner-User, Creative Office or Retail; featuring a reliable income stream from a successful coffee shop and located in a desirable Los Angeles infill suburb location. The building only covers 37% of the lot area, opening up the possibility for the excess land to be developed as an ADU and/or commercial dwelling (please consult with City of Los Angeles for more information). Situated in El Sereno, the property is surrounded by University Hills, Boyle Heights, East Los Angeles, Lincoln Heights, Montecito Heights, Highland Park, and the cities of Alhambra, Monterey Park, and South Pasadena, El Sereno sits along the Monterey Hills that form a natural gateway between Los Angeles and the San Gabriel Valley. At an asking price of only $649,000, this property won't last very long, so contact our marketing representatives for a tour today!

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$832 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C4

APN/PARCEL ID

5217-001-011

ASK ABOUT THIS PROPERTY

Guillermo OlaizNAI CapitalMore Info
626-945-0305

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Guillermo OlaizNAI CapitalMore Info
626-945-0305

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