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4115-4121 City Terrace Dr
Los Angeles, CA 90063
14+ years remaining, 6.00% cap rate · Retail Property For Sale
Investment Highlights
- NNN single tenant lease with 3% annual rent increases providing strong hedge against inflation and +14 years remaining on lease
- This property has served the local community as a grocery store for approx. 50+ years; same owner for more than 35 years
- Great visibility off City Terrace Drive on a signalized intersection with strong vehicle count and proximity to 710 and 10 freeways
- Personal Guarantee with experienced operator (~10 locations)
- Located within 1 mile of the Cal State LA Station Metrolink
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
6,750 SF
Building Class
C
Year Built/Renovated
1938/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.97
Lot Size
0.16 AC
Zoning
LCC3*
Frontage
82’ on City Terrace
Property Taxes
| Parcel Number | 5226-009-025 | Improvements Assessment | $1,360,323 |
| Land Assessment | $1,123,632 | Total Assessment | $2,483,955 |
Property Taxes
Parcel Number
5226-009-025
Land Assessment
$1,123,632
Improvements Assessment
$1,360,323
Total Assessment
$2,483,955
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