Log In/Sign Up
Your email has been sent.
4620-4620 1/2 E 3rd St 2,340 SF 50% Leased Retail Building Los Angeles, CA 90022 $995,000 ($425.21/SF)
Investment Highlights
- Property can be purchased separately or together with 4605 - autobody & 4628 - parking lot
- Redevelopment opportunity - LA County East Los Angeles Third Street Form-Based Code TOD Zoning (Buyer Verify)
- 2,340 SF building on a 6,844 SF lot
- Well Located in East Los Angeles, Adjacent to Commerce, Montebello, Monterey Park and east of DTLA
Executive Summary
KW Commercial and Chang Investment Group are proud to exclusively present the opportunity to purchase 4620-4620 1/2 E 3rd Street mixed use building that is part of a portfolio that can be purchased separately or together with 4605 - autobody & 4628 - parking lot. This property consists of a gated ground floor retail space with approximately 1,300 SF, seven retail parking spaces, and a gated, nicely remodeled 3 beds/1 bath approximately 1,000 SF apartment with a large patio and detached 2-car garage. This great location in East Los Angeles is just east of DTLA and adjacent to Commerce, Monterey Park, and Montebello. Close proximity to Cal State LA, USC Health Science Campus, restaurants, shopping, Belvedere Lake Park, East Los Angeles Library, King Taco, Metro Gold Line, and easy access to the 60, 710, 5, and 10 freeways.
Please do not talk to the tenant or walk onsite. Contact listing agent for a tour of the property. Buyer to verify all information, zoning, and land use with the County of Los Angeles.
Please do not talk to the tenant or walk onsite. Contact listing agent for a tour of the property. Buyer to verify all information, zoning, and land use with the County of Los Angeles.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,340 SF
Building Class
B
Year Built
1963
Price
$995,000
Price Per SF
$425.21
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.34
Lot Size
0.16 AC
Zoning
SP/3rd Street (TOD) Zone - commercial, retail, mixed use, redevelopment
Parking
8 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
40’ on 3rd St
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5247-024-024 | Improvements Assessment | $104,223 |
| Land Assessment | $128,652 | Total Assessment | $232,875 |
Property Taxes
Parcel Number
5247-024-024
Land Assessment
$128,652
Improvements Assessment
$104,223
Total Assessment
$232,875
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
