2815 S Western Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90018- West Adams
$1,899,000 USD
424-421-4241
2815 S Western Ave, Los Angeles, CA for Sale
$1,899,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 1.91% Cap Rate

2815 S Western Ave
Los Angeles, CA 90018
West Adams


HIGHLIGHTS

  • Rear house currently generates $1,950/month in rental income, providing immediate cash flow potential.
  • Property has been well cared for with no known leaks and plumbing reported to be in good condition.
  • Roof was replaced approximately 1 year and 8 months ago, offering added value and reduced near-term maintenance.
  • Situated within a historical area (Jefferson Park) , adding character and long-term neighborhood appeal.
  • Tenant relocation assistance may be considered to facilitate vacancy and future occupancy flexibility.

OVERVIEW

Tenant Buyout Opportunity available subject to mutually agreeable terms.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$560 USD /SF

CAP RATE

1.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LA-C2

APN/PARCEL ID

5053-003-033

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.