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2709 W Avenue 34 5,715 SF 100% Leased Retail Building Los Angeles, CA 90065 $1,465,000 ($256.34/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- ±5,715 SF building on a ±5,200 SF Lot
- 2 commercial units on ground floor + 2 apartments on 2nd floor
- Gated, on-site parking
- 100% occupied
- Neighbors include Dusnmoor, Solar Brewing, Bub & Grandmas, The Grant & Wife and the Somm
- Walk Score (89): Very walkable, most errands can be accomplished on foot
EXECUTIVE SUMMARY
The Dilanian Commercial Group of RE/MAX Commercial & Investment Realty is pleased to present 2709 W. Avenue 34, a mixed-use opportunity in the heart of Glassell Park, ideally situated along Avenue 34 between Eagle Rock Blvd and Verdugo Rd.
The property consists of a two-story, ±5,715 SF structure on a ±5,200 SF lot, featuring two commercial units on the ground floor and two 3-bedroom, 1-bathroom apartments on the second floor. Located within walking distance of popular neighborhood destinations such as Dunsmoor, Solar Brewing, Bub & Grandma’s, The Grant, Wife and the Somm, Verdugo Bar, and Lemon Poppy Kitchen, this property offers an excellent opportunity to invest in one of Northeast LA’s most vibrant and evolving communities.
DO NOT DISTURB TENANTS!
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
The property consists of a two-story, ±5,715 SF structure on a ±5,200 SF lot, featuring two commercial units on the ground floor and two 3-bedroom, 1-bathroom apartments on the second floor. Located within walking distance of popular neighborhood destinations such as Dunsmoor, Solar Brewing, Bub & Grandma’s, The Grant, Wife and the Somm, Verdugo Bar, and Lemon Poppy Kitchen, this property offers an excellent opportunity to invest in one of Northeast LA’s most vibrant and evolving communities.
DO NOT DISTURB TENANTS!
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,715 SF
Building Class
C
Year Built
1922
Price
$1,465,000
Price Per SF
$256.34
Cap Rate
7%
NOI
$102,550
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.12 AC
Zoning
(Q)CM-1-CDO | EZ Zone
Frontage
40’ on W Avenue 34
AMENITIES
- Bus Line
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5457-022-017 | Improvements Assessment | $230,607 |
| Land Assessment | $281,852 | Total Assessment | $512,459 |
PROPERTY TAXES
Parcel Number
5457-022-017
Land Assessment
$281,852
Improvements Assessment
$230,607
Total Assessment
$512,459
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2709 W Avenue 34
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