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2415 W Avenue 30
Los Angeles, CA 90065
Retail Property For Sale


Investment Highlights
- Single, nonprofit tenant with lease in place through May 2028 ensuring predictable income.
- Easy regional access with proximity to CA-2, I-5, and SR-134 freeways.
- On-site parking accommodating seven vehicles, a scarce feature in this submarket.
- Strategic location between Atwater Village and Eagle Rock in culturally vibrant Glassell Park.
- Well-maintained structure featuring renovations completed in 2017.
- Neighborhood supported by affluent demographics and major urban redevelopment initiatives.
Executive Summary
This property presents an exceptional investor opportunity in one of Northeast Los Angeles’ most dynamic neighborhoods. The building is fully leased to Pacific Clinics, a nonprofit organization operating a Head Start/Early Head Start program under a gross lease through May 31, 2028. Steady monthly income of approximately $3,100.68, increasing annually through the lease term, delivers stable cash flow with tenant responsibility for utilities, janitorial, and incremental tax and insurance increases.
Situated in Glassell Park, a neighborhood at the forefront of revitalization and creative business migration, the property benefits from strong geographic positioning. It sits at the crossroads of major thoroughfares including CA-2, I-5, and SR-134, ensuring quick access to Glendale, Burbank, and Downtown Los Angeles. Recent area investments, such as the Los Angeles River Revitalization and Taylor Yard G2 projects, underscore long-term appreciation potential.
With multiple remodels (1991, 2015, 2017), flexible LAR3 zoning, and rare on-site parking for five to seven vehicles, this property offers repositioning optionality at lease expiration and potential for sustained income prior. This is the first time on the market in nearly 60 years—a truly rare offering in this evolving commercial corridor.
Situated in Glassell Park, a neighborhood at the forefront of revitalization and creative business migration, the property benefits from strong geographic positioning. It sits at the crossroads of major thoroughfares including CA-2, I-5, and SR-134, ensuring quick access to Glendale, Burbank, and Downtown Los Angeles. Recent area investments, such as the Los Angeles River Revitalization and Taylor Yard G2 projects, underscore long-term appreciation potential.
With multiple remodels (1991, 2015, 2017), flexible LAR3 zoning, and rare on-site parking for five to seven vehicles, this property offers repositioning optionality at lease expiration and potential for sustained income prior. This is the first time on the market in nearly 60 years—a truly rare offering in this evolving commercial corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
1,280 SF
Building Class
C
Year Built
1959
Price
$620,000
Price Per SF
$484.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.15 AC
Zoning
LAR3 - Multiple Dwelling
Frontage
Amenities
- Corner Lot
- Signage
Property Taxes
| Parcel Number | 5457-010-028 | Improvements Assessment | $36,490 |
| Land Assessment | $31,842 | Total Assessment | $68,332 |
Property Taxes
Parcel Number
5457-010-028
Land Assessment
$31,842
Improvements Assessment
$36,490
Total Assessment
$68,332
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