4115 Mission Rd - Retail FOR SALE


Los Angeles, CA 90032- Montecito Heights
$999,999 USD
4115 Mission Rd, Los Angeles, CA for Sale
$999,999 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

4115 Mission Rd
Los Angeles, CA 90032
Montecito Heights


HIGHLIGHTS

  • Drive Thru Retail Development Opportunity in Growing El Sereno Neighborhood
  • Fast Food, Coffee Shop, Convenience Store, Strip Center
  • Mission Rd Corridor Traffic Exceeds 26,000 Vehicles Per Day, Right Across From Soto St that has a $24 Million City street widening plan
  • Near USC Health Sciences Campus, Los Angeles General Medical Center, Cal State LA, and Downtown Los Angeles
  • Rare three parcel corner land assemblage totaling roughly 13510 sqft (0.31 acres)
  • Easy access to Public Transportation, I-5, I-10, and 110 Freeways.

OVERVIEW

Drive-Thru Retail Development Opportunity on a rare three parcel corner land assemblage totaling roughly 13510 sqft (0.31 acres)at the intersection of Mission Rd, Soto St, and Huntington Dr. With approximately 150 feet of frontage along Mission Road and zoning identified as [Q]C2-1, the site offers visibility and access along an established corridor serving Northeast Los Angeles. The property's location benefits from proximity to several major employment and institutional anchors, including the USC Health Sciences Campus, the Los Angeles General Medical Center, California State University Los Angeles, and the broader Downtown Los Angeles market. The El Sereno neighborhood and the surrounding area continues to experience multifamily and retail development activity, supported by a diverse employment base that includes healthcare, education, and logistics sectors. Mission Road carries traffic volumes exceeding 26,000 vehicles per day, providing exposure along a heavily traveled corridor. City of Los Angeles is planning a $24 million project to widen Soto St that connects to Mission Rd and Huntington Dr across street from the subject property. Regional connectivity is enhanced by convenient access to the I-5, I-10, and 110 Freeways, allowing efficient travel throughout Los Angeles County. Public transportation options and access to major employment centers further support residential and commercial demand in the area. According to the City Planning and Building Departments there is no requirement for a minimum number of parking spaces at this location, which may allow a larger building pad for a single or multiple store fronts. The property is also being marketed as Mission Lofts at 4117 N Mission Rd, near RTI, a mixed use development of 22 apartments and an office.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Drive Thru Retail Development Opportunity

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,545 SF

ZONING

[Q]C2-1

APN/PARCEL ID

5209-035-003,5209-035-004,5209-035-005

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Hagop YapoujianHynet RealtyMore Info

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