515 S Alvarado St - Freestanding FOR SALE


Los Angeles, CA 90057- MacArthur Park
$7,720,000 USD
310-720-2827
515 S Alvarado St, Los Angeles, CA for Sale
$7,720,000 USD
Freestanding - FOR SALE
1/21
null | 6.9% Cap Rate

515 S Alvarado St
Los Angeles, CA 90057
MacArthur Park


OVERVIEW

Prime Westlake / MacArthur Park Shopping Center one block north of 6th St. Historically full and anchored by the very first El Pollo Loco. Good mix of retail and some office tenants. Big 31k LAC2-1 zoned lot. Good CAP rate on actuals. Close vicinity to the Metro station and the recently proposed Centro Westlake development.

FOR SALE DETAILS

PRICE

$7,720,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

LAC2

APN/PARCEL ID

5154-031-029

ASK ABOUT THIS PROPERTY

Jay ChuSP Residential, Inc.More Info
310-720-2827

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Jay ChuSP Residential, Inc.More Info
310-720-2827

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