5701 Figueroa St - Storefront FOR SALE


Los Angeles, CA 90042- Highland Park
$5,200,000 USD
818-634-3281
5701 Figueroa St, Los Angeles, CA for Sale
$5,200,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

5701 Figueroa St
Los Angeles, CA 90042
Highland Park


HIGHLIGHTS

  • Prime Highland Park corner location with heavy foot and vehicle traffic
  • Steps from Metro Gold Line and adjacent to public parking
  • Fully leased with flexible tenancy and long-term upside
  • Surrounded by top-tier retail, dining, and lifestyle amenities
  • Zoned [Q]C4-2D-HPOZ with potential for future repositioning

OVERVIEW

Ground Zero Highland Park retail property for sale on the corner of Figueroa Street and Avenue 57; available for either an owner-user or an investor, the property is approximately 5,700 square feet of building per Owner on 7,611 square feet of land per Assessor: Antigua Bread (2,200 square feet) is operated by the owners of the property and has been in business since 2007; ownership will either vacate the premises or execute a long-term lease for the space; other tenants in the building include Kotn (2,278 square feet), Viva Hair Studio (600 square feet), and a barbershop (400 square feet); the property is immediately adjacent to a City parking lot and the Metro Gold Line Station; heavy foot and vehicular traffic (20,613 cars per day on Figueroa Street per 2024 MPSI estimate); three (3) tandem parking spaces (possibility to expand to four (4) as Antigua Bread has outdoor seating which occupies one (1) tandem space); the area is dense in retail shops, services and restaurants in the immediate vicinity including Highland Park Bowl, CVS, Smart & Final, Food 4 Less, Grocery Outlet, Triple Beam Pizza, Hippo, Highland Park Wine, Go Get Em Tiger, Kitchen Mouse, T-Mobile, Kinship Yoga, The Greyhound Bar & Grill, TheBeastBurgerLA, AutoZone, Mendocino Farms, Jeni's Ice Creams, Afters Ice Cream, Baskin Robbins, HomeState, Cookbook, Subway, El Pollo Loco, Taco Bell, Jack in the Box and Starbucks

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$1,040 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,611 SF

ZONING

[Q]C4-2D-HPOZ

APN/PARCEL ID

5492-001-012

ASK ABOUT THIS PROPERTY

David 'Randy' StevensonStevenson Real Estate ServicesMore Info
818-634-3281

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David 'Randy' StevensonStevenson Real Estate ServicesMore Info
818-634-3281

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