Listed by Major Properties
$2,950,000
4376 S Western Avenue
Details
APN 5021-024-040
Property Type Retail
Sub Type Shopping Center
Square Footage 6,430
Units 10
Cap Rate 4.35%
NOI $128,468
Pro-Forma Cap Rate 5.11%
Pro-Forma NOI $150,776
Price per SqFt $459
Year Built 1991
Stories 2
Lot Size (SqFt) 9,400
Zoning LA C2-2D-CPIO
Parking Spaces 18 spaces
Parking Per SqFt 2.80
Retail | 4.35% CAP | 6,430 SqFt
Investment highlights
- Commercial investment purchase opportunity
- 2-story shopping center
- 4 ground floor retail stores and 6 second floor offices
- $128,468 actual net annual income | 4.35% actual cap rate
- 2 vacant ground floor retail units and 1 vacant second floor office unit
- Heavy traffic location at the intersection of 2 major thoroughfares
- Northeast corner of Western Avenue and Vernon Avenue
- 116' frontage on Western Avenue; 94' on Vernon Avenue
- 1-1/3 miles west of the Harbor (110) Freeway and 2-1/4 miles south of the Santa Monica (I-10) Freeway
Listing Contacts
Listed by Major Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,468.00
$10,705.67/mo
Valuation Metrics
0
DSCR
4.35%
Cap Rate
4.35%
ROI
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