3520 W Washington Blvd
Los Angeles, CA 90018
Retail Property For Sale

Excellent Mid-Cities Location • Ideally located on the southeast signalized corner of Washington Boulevard and 6th Avenue in the heart of the Mid-Cities, a high growth sub-market known for its dense and diverse population • Located just north of the Interstate 10 Santa Monica Freeway, with excellent access to all major freeways • Centrally located with easy access to downtown Los Angeles, Mid-Wilshire, Koreatown, the Westside of Los Angeles, and all major airports Multi-Tenant Retail Building with Significant Rental Upside • 100% current occupancy at below market rents • Units along Washington Boulevard averaging $1.57 per square foot, allowing for rental upside at lease rollover • Ideal unit sizes fronting Washington Boulevard of 1,260 square feet, allowing for ease of leasing and minimal downside or costs between tenants • Significant rental upside in the space along 6th Avenue Ideal Owner-User or Investment Opportunity • Flexibility in leases allow an Owner-User Buyer to occupy a portion of the building and generate income from the remaining tenants • Solid rental upside allows an investor to re-position the asset and create a significant cash flow in an emerging Los Angeles sub-market Strong Immediate Demographics • Over 1,350,000 people within a five mile radius • Average household income of over $40,000 • Divers population mix • Strong local economy spread over a multitude of diverse sectors