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1901 S Alameda St 24,550 SF 70% Leased Retail Building Los Angeles, CA 90058 $7,990,000 ($325.46/SF) 6.05% Cap Rate

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EXECUTIVE SUMMARY

Please note documents include phase 11 that a recent agent described as "clean," as well as rent roll and financials ending 12/31/2024. This is for now for 100% ownership of this property. Offer subject to 1st right of refusal by minority partner. Submit a verification of funds and preapproval letter, if applicable; Property is sold in "as is" condition, with no repairs or cash credits; Counter offers and/or any response to your offer submitted is not guaranteed. With numerous properties for sale, and the usual onslaught of lowball offers, the Seller will only respond to those offers that appear to be likely to result in a contract; Seller prefers no nominees or assignees. Signatures from all Buyers planning to be on title must be on the original purchase agreement.
Please submit an offer to Bill Gross's Office via: a. bill@TheLAProbateExpert.com ; b. Hand-delivery/messenger to EXP Realty of California Inc., 8383 Wilshire Blvd. #800, Beverly Hills, CA 90211. If hand delivered, confirm delivery via text and/or email.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
24,550 SF
Building Class
C
Year Built/Renovated
1930/1986
Price
$7,990,000
Price Per SF
$325.46
Cap Rate
6.05%
NOI
$483,165
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
LAM2 - Light Industrial Zone
Parking
45 Spaces (1.42 Spaces per 1,000 SF Leased)
Frontage
381’ on S Alameda St

AMENITIES

  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 105
  • 670 SF
  • Retail
  • In-Line
  • Now

Corner of Washington Blvd. & Alameda Street

  • 113-114
  • 2,672 SF
  • Flex
  • -
  • Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

  • 115
  • 1,036 SF
  • Restaurant
  • In-Line
  • Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

  • 116
  • 1,015 SF
  • Retail
  • In-Line
  • Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

  • 117-118
  • 2,030 SF
  • Retail
  • In-Line
  • Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

Space Size Space Use Position Available
105 670 SF Retail In-Line Now
113-114 2,672 SF Flex - Now
115 1,036 SF Restaurant In-Line Now
116 1,015 SF Retail In-Line Now
117-118 2,030 SF Retail In-Line Now

105

Size
670 SF
Space Use
Retail
Position
In-Line
Available
Now

113-114

Size
2,672 SF
Space Use
Flex
Position
-
Available
Now

115

Size
1,036 SF
Space Use
Restaurant
Position
In-Line
Available
Now

116

Size
1,015 SF
Space Use
Retail
Position
In-Line
Available
Now

117-118

Size
2,030 SF
Space Use
Retail
Position
In-Line
Available
Now

105

Size 670 SF
Space Use Retail
Position In-Line
Available Now

Corner of Washington Blvd. & Alameda Street

113-114

Size 2,672 SF
Space Use Flex
Position -
Available Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

115

Size 1,036 SF
Space Use Restaurant
Position In-Line
Available Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

116

Size 1,015 SF
Space Use Retail
Position In-Line
Available Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

117-118

Size 2,030 SF
Space Use Retail
Position In-Line
Available Now

Common Area Charges apply separately - CAM charges TBD. Office Use, Print Shop, Art Studio, Medical Office, Alameda & Washington, Near 10 Freeway, Private Restrooms, Air Conditioning

NEARBY MAJOR RETAILERS

Smart & Final
Burgerim
Planet Fitness
Superior Grocers
Yoshinoya
King Taco Restaurant Inc
9Round Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5167-013-031
Land Assessment
$5,019,513 (2025)
Improvements Assessment
$4,106,874 (2025)
Total Assessment
$9,126,387 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 32829174

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 1901 S Alameda St, Los Angeles, CA 90058

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