• 1,840 sq.ft.
offered at $669,000
Status: Pending // Property Type:
County: Los Angeles // Year Built: 1976

Property Description

This one free-standing retail building is situated in the extremely convenient East LA-Gage neighborhood of Los Angeles. Located in a major commercial and retail precinct, it offers a prominent exposure to passing traffic. This retail building is next to the USA gasoline station, Metro bus transport, and sits among many famous retailers such as Superior Grocers, CVS pharmacy, Little Caesars Pizza, Pizza Hut, Jack in the Box, ARCO, Taco Bell, and much more directly located in East Cesar Chavez Avenue within a mile. Close to a full range of local amenities, including car wash, schools, library, retail stores, banks, eateries, and local parks. These are all conveniently nearby. The retails stores are benefiting from this busy, thoroughfare and high-foot traffic location with endless potential. It is commuter friendly with access to all the major freeways and Downtown LA. This retail building sits on a 6,707 sq.ft. lot; it consists of approximately 1,840 square feet of leasable area with two tenants occupying one retail center. There is a total of eight parking spots and one handicap spot available for parking. The current CAP is approx. 5% and no rent control. The potential for this property is exceptionally ideal for all the investors or an owner-user to run a business. Interested parties should perform their due diligence to verify and satisfy all requirements regarding the current market rent value. Do not disturb businesses or employees.

Listing Courtesy of Jerry Sun, RE/MAX Premier Properties

  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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