4136 Eagle Rock Blvd - Storefront FOR SALE


Los Angeles, CA 90065- Eagle Rock
$2,550,000 USD
818-433-0548
4136 Eagle Rock Blvd, Los Angeles, CA for Sale
$2,550,000 USD
Storefront - FOR SALE
1/27
null | Request Cap Rate

4136 Eagle Rock Blvd
Los Angeles, CA 90065
Eagle Rock


HIGHLIGHTS

  • Priced at $496/SF against a trade area median of $738/SF across ten comparable sales closed within 2.5 miles over the trailing twelve months.
  • Built 1991, the newest building in its comparable set by three decades, outside the retrofit framework applying to pre-1976 corridor inventory.
  • 15 fenced and gated surface parking spaces on a separate conveying parcel, 2.92 per 1,000 SF, rare on a corridor built to the property line
  • Column-free clear-span floor plate with second-story mezzanine offices, full basement, and back-of-house plumbing already in place
  • Delivered vacant at close of escrow and SBA 504 eligible for a qualified owner-occupant at 10 percent down

OVERVIEW

One West Group of eXp Commercial is proud to present 4136 Eagle Rock Blvd. A rare 5,138 square foot free-standing single-tenant retail building on a primary north-south arterial in Northeast Los Angeles, offered at $2,550,000 and delivered vacant at close of escrow. The property comprises two contiguous parcels totaling 9,321 square feet. The building parcel carries 67 feet of frontage on Eagle Rock Blvd and is zoned [Q]C2-1VL-CDO. The rear parcel is improved as a fully fenced and gated concrete surface parking field with 15 striped ADA-compliant spaces serving the building exclusively, accessed off Panamint Street. Parking is not shared and not subject to a third-party easement. Constructed in 1991, the improvements consist of a masonry building with a column-free clear-span main level, vaulted insulated ceiling, sealed concrete slab, and full-height storefront glazing with retractable folding security gates. Clerestory glazing carries natural light to the full depth of the space. A second-story mezzanine improved with enclosed private offices overlooks the retail floor and is included in the reported building area. A full basement extends beneath the building footprint. Back-of-house improvements include a stainless-clad service and preparation area with floor drain, restrooms, and dedicated electrical service, supporting food and beverage, medical, veterinary, or service retail use. Pricing represents $496 per square foot. Ten comparable transactions closed within 2.5 miles over the trailing twelve months at a median of $738 per square foot, and every comparable involved a building constructed between 1921 and 1961. Eagle Rock Blvd carries 46,385 vehicles per day at the nearest count station. Median household income within one mile is $105,823, with 22.2 percent of households above $200,000. The three-mile trade area holds 259,391 residents and 98,572 households at 63.2 percent renter occupancy. The building qualifies for SBA 504 acquisition financing for a qualified owner-occupant at 10 percent down. Offering memorandum available to qualified parties. Buyer to verify all information independently, including building area, parcel dimensions, zoning, and permitted use.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R1, C2

APN/PARCEL ID

5472-001-037,5472-001-069

ASK ABOUT THIS PROPERTY

Karl MarkarianeXp CommercialMore Info
818-433-0548

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Karl MarkarianeXp CommercialMore Info
818-433-0548

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