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1072-1080 Gayley Ave 11,200 SF 100% Leased Retail Building Los Angeles, CA 90024 For Sale
INVESTMENT HIGHLIGHTS
- Hub for shopping, dining, entertainment, and medical/wellness
- Strong 100% bonus depreciation components
- Right-sized ground floor retail units
- Proven economic benefit from the new Metro Station
- Elevator served - perfect medical office in core medical area
- Affluent residential and diverse UCLA populations create a strong trade area
EXECUTIVE SUMMARY
The right building in the right location. The Property leverages high retail and medical demand, benefits from UCLA’s and local owners' investment in a unique destination (Business Improvement District (BID), First Thursdays, Broxton Plaza, Farmer’s Market, Regency Village Theatre renovation and proposed “Entertainment Zone”), and profits from significant new transit infrastructure (Metro stop opens in 2027).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,200 SF
Building Class
C
Year Built
1956
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.20 AC
Zoning
C4, Los Angeles - C4-2D-O
AB 2097
TOC Tier 4
Westwood Specific Plan
Not Historical
Parking
18 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
127’ on Gayley Ave
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Flax Pen To Paper
- Retailer
-
99,999 SF
- -
- -
- -
- House of Meatballs
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Flax Pen To Paper | Retailer | 99,999 SF | - | - | - | |
| House of Meatballs | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4363-024-016 | Improvements Assessment | $262,777 |
| Land Assessment | $336,500 | Total Assessment | $599,277 |
PROPERTY TAXES
Parcel Number
4363-024-016
Land Assessment
$336,500
Improvements Assessment
$262,777
Total Assessment
$599,277
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1072-1080 Gayley Ave
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