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3842 E 1st St 3,121 SF 100% Leased Retail Building Los Angeles, CA 90063 $1,350,000 ($432.55/SF) 5.20% Cap Rate
Executive Summary
Rare corner lot commercial/residential property close to Cal State LA and East Los Angeles College. This property consists of 3 buildings. Total of 6 units. 5 units Retail/Office (3840, 3842, 3844, 109, 109A) and 1 unit residential 2B+1B (111). 3,121 SF building size situated on 9,232 SF lot. Conveniently located to schools, parks, post office, restaurants, supermarkets, coffee shops etc. Easy access to 710 FWY, 60 FWY and 5 FWY.
DOWNLOAD MARKETING PDF via Link: https://www.donaldlarealty.com/commercial/properties/3842-e-1st-street-los-angeles-ca-90063/
DOWNLOAD MARKETING PDF via Link: https://www.donaldlarealty.com/commercial/properties/3842-e-1st-street-los-angeles-ca-90063/
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,121 SF
Building Class
C
Year Built/Renovated
1921/1953
Price
$1,350,000
Price Per SF
$432.55
Cap Rate
5.20%
NOI
$70,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.21 AC
Zoning
LCC3 - Store & Residential Combination
Parking
6 Spaces (1.92 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5233-017-034 | Improvements Assessment | $185,659 |
| Land Assessment | $195,429 | Total Assessment | $381,088 |
Property Taxes
Parcel Number
5233-017-034
Land Assessment
$195,429
Improvements Assessment
$185,659
Total Assessment
$381,088
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3842 E 1st St
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