8733-8735 La Tijera Blvd - Freestanding FOR SALE


Los Angeles, CA 90045- Westchester
$2,250,000 USD
310-985-5427
8733-8735 La Tijera Blvd, Los Angeles, CA for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/6
null | 4.95% Cap Rate

8733-8735 La Tijera Blvd
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Fully occupied retail property with two income-producing tenant spaces.
  • Located along La Tijera Boulevard in the Westchester submarket of Los Angeles.
  • Area development activity includes new apartment construction and expanding commercial uses that are contributing to increased traffic.
  • Property includes three reserved parking spaces located behind the building.
  • Existing tenancy provides immediate cash flow, with one tenant operating month-to-month and another with remaining lease term in place.
  • Positioned between Sepulveda East and Truxton with visibility within an established retail corridor.

OVERVIEW

Great opportunity! This area is developing very quickly with lots of automobiles and foot traffic, increasing due to new apartment buildings being constructed, besides the huge commercial areas with plenty of parking surrounding them. This property comes with 3 reserved parking spots behind the building. Currently being used as two separate businesses at present; 8733 has a Base rent of $4632 on month to month, plus NNN of $933, Total gross rent is $5565, NOI is $55,584. .......8735 has 3.5 yrs on lease, pays $4642 base rent, plus NNN of $940, total gross rent is $5582... NOI is $55.704...please call for details. Agent Remarks : 8733 and 8735 are both Tenant Occupied...Drive by and call for appointment. Please DO NOT inquire info with the tenants or disturb them in any way. Call me for details.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$537 USD /SF

CAP RATE

4.95%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,027 SF

ZONING

LAC2

APN/PARCEL ID

4123-002-022

ASK ABOUT THIS PROPERTY

Bob HerreraPRES.NOW, IncMore Info
310-985-5427

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Bob HerreraPRES.NOW, IncMore Info
310-985-5427

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