7904 S Central Ave - Freestanding FOR SALE


Los Angeles, CA 90001- Florence-Graham
$799,000 USD
7904 S Central Ave, Los Angeles, CA for Sale
$799,000 USD
Freestanding - FOR SALE
1/8
null | 7.97% Cap Rate

7904 S Central Ave
Los Angeles, CA 90001
Florence-Graham


HIGHLIGHTS

  • 7.97 CAP RATE
  • SELLER FINANCING AVAILABLE
  • NNN TENANT
  • TENANT EXERCISED OPTION TO EXTEND LEASE

OVERVIEW

Single Tenant NNN 7.97% CAP RATE. The tenant just exercised the Option to Extend the Lease for an additional 3 years. Rent increases by 3% in October 2026. There is heavy power at the property due to the fact it was previously a laundry mat business with all the plumbing and gas lines still at the property. Roof was replaced in the last several years and is in good condition per ownership.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$547 USD /SF

CAP RATE

7.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lavanderia-laundry

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,739 SF

ZONING

C3

APN/PARCEL ID

6028-001-014

ASK ABOUT THIS PROPERTY

Jay ChuSP Residential, Inc.More Info

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Jay ChuSP Residential, Inc.More Info

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