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4071 S Main St 3,191 SF 100% Leased Retail Building Los Angeles, CA 90037 $999,999 ($313.38/SF) 9% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully Occupied Mixed-Use Asset Four income-producing units providing immediate, stable cash flow
- Diversified Income Stream Two street-front retail tenants plus two residential units in the rear
- Remodeled Barbershop Unit Includes back room, kitchenette, and bonus space
- 3,191 SF Building | 7,405 SF Lot Efficient layout with strong site coverage in an established corridor
- Established Retail Tenancy Long-standing neighborhood grocery store and fully remodeled barbershop
- Strong Day-One Performance Ideal for cash-flow investors and 1031 exchange buyers
EXECUTIVE SUMMARY
Investment Opportunity | Fully Occupied Mixed-Use Asset
This well-maintained mixed-use property totals 3,191 SF on a 7,405 SF lot and consists of four income-producing units, delivering immediate cash flow with clear upside potential.
The front building features two retail tenants, including a long-standing neighborhood grocery store and a fully remodeled barbershop with a back room, kitchenette, and bonus space. Both retail users benefit from consistent foot and vehicle traffic and serve the surrounding residential base.
In the rear, the property includes two residential units, both currently rented, providing diversified income and reducing overall vacancy risk. The combination of retail and residential income creates a balanced, resilient cash-flow profile.
The property is separately metered, with the roof reported in good condition, supporting efficient operations and low owner expense exposure. Current performance offers strong day-one income, while future rent growth, operational efficiencies, and potential repositioning provide a path to increased returns over time.
Area Description
Located near the corner of Main Street and 41st, the asset sits in an active, well-traveled pocket of Los Angeles surrounded by neighborhood-serving businesses, shops, markets, and service retailers. The area benefits from steady daily activity and consistent local demand.
The site offers excellent connectivity with quick access to the 110, 10, and 105 freeways, allowing convenient travel to Downtown Los Angeles and surrounding submarkets. Public transit is nearby, further enhancing accessibility for both tenants and customers.
This is a compelling opportunity for investors seeking stable cash flow, 1031 exchange placement, or a long-term hold in a proven urban corridor with built-in demand and future upside.
Call Ray Mederos for more information and tour. 805.866.8406
This well-maintained mixed-use property totals 3,191 SF on a 7,405 SF lot and consists of four income-producing units, delivering immediate cash flow with clear upside potential.
The front building features two retail tenants, including a long-standing neighborhood grocery store and a fully remodeled barbershop with a back room, kitchenette, and bonus space. Both retail users benefit from consistent foot and vehicle traffic and serve the surrounding residential base.
In the rear, the property includes two residential units, both currently rented, providing diversified income and reducing overall vacancy risk. The combination of retail and residential income creates a balanced, resilient cash-flow profile.
The property is separately metered, with the roof reported in good condition, supporting efficient operations and low owner expense exposure. Current performance offers strong day-one income, while future rent growth, operational efficiencies, and potential repositioning provide a path to increased returns over time.
Area Description
Located near the corner of Main Street and 41st, the asset sits in an active, well-traveled pocket of Los Angeles surrounded by neighborhood-serving businesses, shops, markets, and service retailers. The area benefits from steady daily activity and consistent local demand.
The site offers excellent connectivity with quick access to the 110, 10, and 105 freeways, allowing convenient travel to Downtown Los Angeles and surrounding submarkets. Public transit is nearby, further enhancing accessibility for both tenants and customers.
This is a compelling opportunity for investors seeking stable cash flow, 1031 exchange placement, or a long-term hold in a proven urban corridor with built-in demand and future upside.
Call Ray Mederos for more information and tour. 805.866.8406
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,191 SF
Building Class
C
Year Built
1948
Price
$999,999
Price Per SF
$313.38
Cap Rate
9%
NOI
$90,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
LACM - hybrid zoning designation mix of light industrial, commercial, and limited manufacturing uses
Frontage
53’ on S Main St
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5111-023-028 | Improvements Assessment | $311,054 |
| Land Assessment | $420,248 | Total Assessment | $731,302 |
PROPERTY TAXES
Parcel Number
5111-023-028
Land Assessment
$420,248
Improvements Assessment
$311,054
Total Assessment
$731,302
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