Listed by Lee & Associates - Los Angeles - West
$2,750,000
11605 -11609 1/2 Washington Pl
Details
APN 4214 - 014 - 002
Property Type Retail
Sub Type Commercial
Square Footage 4,500
Net Rentable (SqFt) 4,500
Cap Rate 5.00%
Tenancy Multi
Year Built 1959
Buildings 2
Lot Size (SqFt) 5,000
Zoning LAC1
Retail | 5.00% CAP | 4,500 SqFt
Marketing description
Lee & Associates is pleased to present the opportunity to purchase this two building commercial Multi Tenant retail opportunity. The property is situated in the heart of Mar Vista, Situated between Marina Del Rey, Venice to the west, Culver City to the east, Playa Vista to the south, and Santa Monica to the north, the submarket benefits from close proximity to some of the most desirable entertainment, and employment hubs in West Los Angeles. Long term Tenancy. Well maintained property.
Investment highlights
- Price: $2,750,000 ( ± 5.0 cap rate)
- APN: 4214 - 014 - 002
- Lot size: ± 5,000 sf
- Net rentable: ± 4,500 sf (1605-11609: ± 1,800, 11609 1/2: ± 2,700)
- Parking: on site
- Year built: 1959
- Zoning: LAC1
Listing Contacts
Listed by Lee & Associates - Los Angeles - West
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Zoning
C1-1 CommercialSpecial CommercialLimited Commercial
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