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11700 National Blvd 15,184 SF 100% Leased Retail Building Los Angeles, CA 90064 $16,172,000 ($1,065.07/SF) 5% Cap Rate
Executive Summary
Fully 100% occupied retail shopping center delivering stable income in a premier West Los Angeles location | The building, spanning approximately 15,646 square feet, is situated on approximately 32,302 square feet of C2-1VL zoned land and includes 41 parking spaces in an onsite lot. | Excellent turn key investment and long term upside | Subject is situated along a bustline retail corridor, in well-maintained condition, and an income producing asset
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
15,184 SF
Building Class
B
Year Built
1972
Price
$16,172,000
Price Per SF
$1,065.07
Cap Rate
5%
NOI
$808,602
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.75 AC
Zoning
C2, Los Angeles
Parking
41 Spaces (2.7 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4250-001-026 | Improvements Assessment | $994,304 |
| Land Assessment | $637,416 | Total Assessment | $1,631,720 |
Property Taxes
Parcel Number
4250-001-026
Land Assessment
$637,416
Improvements Assessment
$994,304
Total Assessment
$1,631,720
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11700 National Blvd
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