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
1/1
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

Positioned at the vibrant corner of Figueroa Street and Avenue 57 in the heart of Highland Park, 5701 N Figueroa Street offers a rare opportunity to acquire a fully leased, character-rich retail asset in one of Los Angeles’ most dynamic neighborhoods. This 1935-built property spans approximately 5,700 square feet and sits on a 7,611-square-foot lot, zoned [Q]C4-2D-HPOZ, allowing for a range of commercial uses. Anchored by Antigua Bread—a beloved café operated by the property owners since 2007—the building also houses Kotn, Viva Hair Studio, and a barbershop. Kotn’s lease runs through June 2027 with a five-year renewal option, while the other tenants are on month-to-month terms, offering flexibility for repositioning or continued income stability. The property is ideally located adjacent to a City parking lot and the Metro Gold Line Station, ensuring strong foot traffic and transit accessibility. With over 20,000 cars passing daily on Figueroa (2024 MPSI), the site benefits from exceptional visibility and exposure. The surrounding area is a dense mix of retail, dining, and lifestyle destinations including Highland Park Bowl, Mendocino Farms, CVS, Smart & Final, and Kitchen Mouse, reinforcing the location’s appeal to both tenants and patrons. Whether for an owner-user seeking a flagship presence or an investor pursuing stable cash flow with upside potential, 5701 N Figueroa presents a compelling opportunity in a high-demand corridor of Northeast Los Angeles.

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

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,610 SF

ZONING

LAC4

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.