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- LoopNet Team
5971 S Main St
Los Angeles, CA 90003
New Construction Corner Retail Building · Retail Property For Sale

Property Facts
About 5971 S MAIN ST , LOS ANGELES, CA 90003
David Bakhshi and Maher Commercial Realty are proud to present a new construction retail shopping center with 10 storefronts at a busy intersection in South Los Angeles. The subject property is situated on a +/-18,045 square foot corner lot at the intersection of S Main Street and W 60th Street. Construction of the L-shaped retail building has been completed and totals 8,500 square feet (8,328 square feet, leasable), 15 parking spaces, and bicycle parking. Planned retail storefronts range in size from 531 square feet to 1,156 square feet -- or combine multiple spaces for more square footage -- and rent for $2.85 per SF NNN. 5971 S Main St is a new construction, 10-storefront, retail shopping center just two blocks from Slauson Ave in South Los Angeles. The retail center is located less than one-half mile from the 110 Freeway on the northwest corner of a busy intersection. Main Street is comprised of both residential and commercial buildings. Just one block away is Aspire Slauson Academy, a highly-rated charter school. Also nearby is the 61st Street Pocket Park. The latest traffic counts data shows an average daily volume of 14,525 cars at the intersection of S Main St and W 59th Pl (.03 miles north of the subject property), 15,579 cars at the intersection of S Main St and W 58th Pl (.08 miles north of the subject property), and 14,982 cars at the intersection of S Main St and W 61st St (.06 miles south of the subject property). By 2022, the population of the area within a 1-mile radius of the subject property is estimated to grow 1.40%, 1.44% within a 3-mile radius, and 1.6% within a 5-mile radius. South Los Angeles is home to the affluent neighborhoods of Baldwin Hills, View Park, and, 2017 Los Angeles Neighborhood of the Year, Leimert Park. South Los Angeles encompasses University of Southern California, L.A. Live, Staples Center, Exposition Park, L.A. Coliseum, and other Downtown Los Angeles destinations.
Property Taxes
| Parcel Number | 6005-015-032 | Improvements Assessment | $986,563 |
| Land Assessment | $560,946 | Total Assessment | $1,547,509 |
Property Taxes
Listing ID: 15016475
Date on Market: 1/29/2019
Last Updated:
Address: 5971 S Main St, Los Angeles, CA 90003
The Vernon-Main Retail Property at 5971 S Main St, Los Angeles, CA 90003 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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