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Overview
Property ID: iRealty247-21902
- Commercial
- 4,075
Description
EXECUTIVE SUMMARY
Cenocore, as exclusive agent, is proud to present a portfolio sale of two properties in the heart of Koreatown. Two properties combined lot size is 0.47 acre. This particular property is 100% occupied with 3 restaurants and 1 retail shop.
INVESTMENT HIGHLIGHTS
- Stabilized cash flow with immense upside potential
- Great visibility and accessibility with its proximity to Vermont Ave and the 101 Hwy
- Heavy foot traffic in a densely populated area
- Block to block development potential
- Walk score of ”93” walker’s paradise.
1
Location
Google Maps
- Address
- City Los Angeles
- Zip/Postal Code 90020
- State/county California
- Country United States
Details
- Property ID iRealty247-21902
- Property Size 4,075 sqft
- Property Type Commercial
- Property Status Sale
- Transaction Type Resale
- Age of Construction Above 20 years
Additional Details
- Sale Condition : 1031 Exchange
- Property Type : Retail
- Property Subtype : Freestanding
- Building Class : C
- Year Built : 1985
- Percent Leased : 100%
- Tenancy : Multiple
- Building Height : 1 Story
- Building FAR : 0.41
- Land Acres : 0.23 AC
- Opportunity Zone: Yes
- Zoning : C2, Los Angeles
- Parking : 11 Spaces (2.69 Spaces per 1,000 SF Leased)
- Frontage : 150 ft on W 3rd St
Amenities
Pylon Sign
Signage
Bus Line
Signalized Intersection
