5128 N Figueroa St - Specialty FOR SALE


Los Angeles, CA 90042- Eagle Rock
$3,481,390 USD
214-238-4047
5128 N Figueroa St, Los Angeles, CA for Sale
$3,481,390 USD
Specialty - FOR SALE
1/12
null | 7.77% Cap Rate

5128 N Figueroa St
Los Angeles, CA 90042
Eagle Rock


HIGHLIGHTS

  • Stabilized NNN Income Stream (Ground Lease)
  • Long-Term Lease with Multiple Options
  • Irreplaceable Los Angeles Location
  • Clean Lease Structure
  • Two Distinct Exit Strategies

OVERVIEW

Located in the heart of Highland Park, one of Los Angeles’ fastest-growing urban neighborhoods, Sun Day Car Wash presents a rare opportunity to acquire a stabilized leasehold investment with long-term absolute NNN income. The property features a newly renovated car wash operation positioned along highly trafficked N. Figueroa Street with strong visibility, dense surrounding population, and limited competing supply. The tenant is secured under a long-term lease with annual rent escalations and zero landlord responsibilities, providing passive cash flow in a premier infill Los Angeles location. Surrounded by major national retailers including Food4Less and 7-Eleven, the asset benefits from strong consumer demographics, high commuter traffic, and continued neighborhood growth and revitalization.

FOR SALE DETAILS

PRICE

$3,481,390 USD

PRICE/SF

$268 USD /SF

CAP RATE

7.77%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

SUN DAY CAR WASH

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5468-005-032

ASK ABOUT THIS PROPERTY

Collin BoydAlpha Real Estate AdvisorsMore Info
214-238-4047

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Collin BoydAlpha Real Estate AdvisorsMore Info
214-238-4047

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