REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Saray Y. Sanchez • VISMAR REAL ESTATE
$ 1,199,999
Est. payment | /mo
$ 1,199,999
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-26071115
Year Built 1982
Annual Tax Amount $4,036
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Presenting a ±2,526 square-foot single-tenant retail asset situated on a strategic ±6,970-square-foot dual-parcel lot. Located in a high-density trade area near the intersection of Floral Drive and North Eastern Avenue, this offering is a pure real estate play; the business is not included in the sale, providing a clean slate for the discerning investor or owner-user.
The property's true value lies in its exceptional operational flexibility and significant rental upside. Currently occupied by a month-to-month tenant at a rate well below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. With a 40-year history of stability and a location characterized by robust traffic counts and dense demographics, this is a rare opportunity to secure a high-visibility Los Angeles asset with immediate equity growth potential.
The property's true value lies in its exceptional operational flexibility and significant rental upside. Currently occupied by a month-to-month tenant at a rate well below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. With a 40-year history of stability and a location characterized by robust traffic counts and dense demographics, this is a rare opportunity to secure a high-visibility Los Angeles asset with immediate equity growth potential.
Location
State CA
County Los Angeles
Interior
Heating None
Laundry None
Building
Lot Description Walkstreet, Paved, Corner Lot
Others
Virtual Tour https://youtu.be/rKeQl4tAVnI
GET MORE INFORMATION
Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114