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4970 Eagle Rock Blvd 3,631 SF 100% Leased Retail Building Los Angeles, CA 90041 $1,600,000 ($440.65/SF) 4.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Patrick Dilanian & Eric Dilanian are Pleased to Present for Sale this Rare Two Story Mixed-Use Opportunity in Eagle Rock
- (2) 1 bed + 1 bath units on the 2nd floor (subject to RSO)
- Minutes from Occidental College
- (4) office/retail units on the ground floor totaling ±2,265 SF
- 1 apartment unit delivered VACANT
- Stone throw away from Sprouts Market, Creature’s Plants & Coffee & Starbucks (coming soon)
EXECUTIVE SUMMARY
Patrick Dilanian and Eric Dilanian of RE/MAX Commercial & Investment Realty are pleased to present 4970 Eagle Rock Blvd. This offering features a two-story mixed-use building consisting of four (4) retail/office units on the ground floor and two (2) one-bedroom/one-bath apartments on the second floor. The property also includes on-site parking for seven vehicles located at the rear of the building. Just two blocks south of the Eagle Rock Blvd / Colorado Blvd intersection, the building is centrally positioned near Glendale, Highland Park, and Glassell Park, and offers convenient access to the 2 and 134 freeways.
DO NOT DISTURB TENANTS- ALL TOURS MUST BE COORDINATED THROUGH LISTING AGENTS.
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
DO NOT DISTURB TENANTS- ALL TOURS MUST BE COORDINATED THROUGH LISTING AGENTS.
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,631 SF
Building Class
C
Year Built
1954
Price
$1,600,000
Price Per SF
$440.65
Cap Rate
4.40%
NOI
$70,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.12 AC
Zoning
(Q)C4-1XL - State Enterprise Zone
Parking
7 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
63’ on Eagle Rock Blvd
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5686-017-005 | Improvements Assessment | $714,000 |
| Land Assessment | $816,000 | Total Assessment | $1,530,000 |
PROPERTY TAXES
Parcel Number
5686-017-005
Land Assessment
$816,000
Improvements Assessment
$714,000
Total Assessment
$1,530,000
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4970 Eagle Rock Blvd
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