4,075 Sq Ft Commercial For Sale 3553-3559 W 3rd St, Los Angeles, CA 90020 in Los Angeles

Sale

4,075 Sq Ft Commercial For Sale 3553-3559 W 3rd St, Los Angeles, CA 90020 in Los Angeles

Overview

Property ID: iRealty247-21902
  • Commercial Properties
  • Property Type
  • 4,075
  • sqft

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.
  • Address
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90020
  • Country United States

Details

  • Property ID iRealty247-21902
  • Property Size 4,075 sqft
  • Property Type Commercial Properties
  • 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

Features

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

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