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Investment Highlights
- High ceilings throughout the ground floor retail space.
- Large second-floor balcony approximately 20’ x 40’
- Corner property with two front entrances and rear parking area.
Executive Summary
This mixed-use property presents a compelling owner-user or investment opportunity in the heart of Lynwood. Positioned on a corner lot along an active thoroughfare, the property includes a ground-floor commercial space and two residential apartments. The building size of approximately 3,500 square feet offers flexibility for multiple tenant configurations, and the possibility for adding a mezzanine further enhances its potential for increased utility and income.
The ground-floor retail component benefits from high ceilings, dual entrances, and strong visibility from a highly trafficked street. Ample rear parking and exclusive lot access improve functionality for both retail and residential tenants. On the upper level, the property features a significant 20' x 40' open deck, adding versatility for future enhancements. Located in a densely populated neighborhood, the property is adjacent to a busy express car wash and sits just one block from major conveniences such as 7/11 and Jack in the Box. Offered at a low price of $243 per square foot, this asset represents rare value and future upside for investors or owner-occupants seeking a well-located, adaptable property in Los Angeles County.
The ground-floor retail component benefits from high ceilings, dual entrances, and strong visibility from a highly trafficked street. Ample rear parking and exclusive lot access improve functionality for both retail and residential tenants. On the upper level, the property features a significant 20' x 40' open deck, adding versatility for future enhancements. Located in a densely populated neighborhood, the property is adjacent to a busy express car wash and sits just one block from major conveniences such as 7/11 and Jack in the Box. Offered at a low price of $243 per square foot, this asset represents rare value and future upside for investors or owner-occupants seeking a well-located, adaptable property in Los Angeles County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,500 SF
Building Class
B
Year Built
1926
Price
$849,000
Price Per SF
$242.57
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.93
Lot Size
0.09 AC
Zoning
LYC3 - Commercial
Parking
6 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
60’ on Atlantic Ave
Amenities
- Corner Lot
- Balcony
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6189-036-010 | Improvements Assessment | $174,981 |
| Land Assessment | $328,093 | Total Assessment | $503,074 |
Property Taxes
Parcel Number
6189-036-010
Land Assessment
$328,093
Improvements Assessment
$174,981
Total Assessment
$503,074
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11500 Atlantic Ave



