3200 City Terrace Dr 2,936 SF 78% Leased Retail Building Los Angeles, CA 90063 $1,200,000 ($408.72/SF)

This 3 unit strip center is located in the dense infill neighborhood of City Terrace in East Los Angeles. The property consists of a laundrymat tenant, a nutrition tenant, and one small vacancy of 638 sq. ft. The property is well located at a signalized intersection and has major upside potential. Small unit sizes make them easy to rent at a higher rent per sq. ft. than larger units would lease for. The lot has 12 parking stalls to provide easy access to tenants and customers. The property also has the potential for an owner user to operate one of the units or the laundrymat. *** PROPERTY CAN BE SOLD TOGETHER WITH ANOTHER BOYLE HEIGHTS SINGLE TENANT LAUNDRYMAT AT 2601 E. 4TH STREET, LOS ANGELES, CA 90033 WHICH CAN ALSO BE FOUND ON LOOPNET (BOTH OM'S ARE ATTACHED TO THIS LISTING) ***
City Terrace is a well-established residential and commercial submarket located in unincorporated East Los Angeles, just east of Downtown LA and minutes from the Arts District, Boyle Heights, and USC Health Sciences Campus. The area is characterized by dense infill neighborhoods, strong local retail demand, and consistent traffic driven by a large, multigenerational population base. Positioned along key east-west corridors such as City Terrace Drive, 1st Street, and Olympic Boulevard, the neighborhood provides efficient access to Downtown Los Angeles (10 minutes), the I-5, SR-60, and I-710 freeways, making it a strategic location for neighborhood retail, medical, service, and last-mile commercial uses.