504 Colden Ave - Storefront Retail/Residential FOR SALE
Los Angeles, CA 90044 |
504 Colden Ave
Los Angeles, CA 90044
HIGHLIGHTS
- C2 Zoned lot ripe for redevelopment with a potential 14 buildable units able to be created.
- Great infill location on busy Figueroa Street on a corner lot, near thousands of residents within walking distance.
- Two adjacent buildings totaling 4,093 square feet of usable space are currently being used for retail and residential purposes.
- The property is located in the dynamic, historic South Los Angeles/ Inglewood area and is growing with significant recent nearby developments.
- The location provides an investor with the promise of a substantial increase in value over the next few years.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Over 6% Cap Rate Owner-User Opportunity!
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Convenience Store, Freestanding
TOTAL BUILDING SIZE
4093
STORIES
1
YEAR BUILT
1960
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
6054-028-014
