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1484 W Martin Luther King Jr Blvd 4,747 SF Retail Building Los Angeles, CA 90062 $2,500,000 ($526.65/SF) 12% Cap Rate



EXECUTIVE SUMMARY
Don`t miss this exceptional opportunity !
Operating successfully for 30 years, this thriving business boasts a strong base of royal regulars.
Perfectly positioned on a busy main street with outstanding curb appeal and a visually striking building that draw attention
Operating successfully for 30 years, this thriving business boasts a strong base of royal regulars.
Perfectly positioned on a busy main street with outstanding curb appeal and a visually striking building that draw attention
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,747 SF
Building Class
C
Year Built
1951
Price
$2,500,000
Price Per SF
$526.65
Cap Rate
12%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
LAC2
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ted`s Auto
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ted`s Auto | Retailer | - | - | - |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5021-003-032 | Improvements Assessment | $240,367 |
| Land Assessment | $480,737 | Total Assessment | $721,104 |
PROPERTY TAXES
Parcel Number
5021-003-032
Land Assessment
$480,737
Improvements Assessment
$240,367
Total Assessment
$721,104
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1484 W Martin Luther King Jr Blvd
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