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29496193
29258972

10209 S Central Ave, Los Angeles, CA 90002

EV
CA 01960598
Five Heights Realty Corp.
Listed by Five Heights Realty Corp.
$880,000
204 days on market
Updated 22 days ago

Central Ave Storefront

Details
APN 6049026004
Property Type Office, Retail (+1)
Sub Type Convenience Store, Storefront
Square Footage 3,500
Units 3
Occupancy 35%
Tenancy Multi
Lease Type Gross
Lease Expiration 07/31/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options 1
Pro-Forma Cap Rate 6.00%
Price per SqFt $251
Broker Co-Op Yes
Class C
Year Built 1949
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 6,015
Zoning C2
Parking Spaces 10 spaces
Parking Per SqFt 2.86
Investment Type Owner/User
Ground Lease No
Ownership Private
Sale Condition 1031 exchange

Retail | 3,500 SqFt

Marketing description

Five Heights Realty Corp is pleased to present for sale 10209 S Central Ave, a street-front, commercial property in the city of Los Angeles. The property consists of three (3) units on a ±3,500 SF street-front retail building on a ±6,015 SF lot centrally located in a dense community in the Watts community. Located on a busy street with high vehicular traffic, the street front building faces Central Ave and is in close proximity to residential properties and amenities. A gated rear lot provides ample parking and security. The property benefits from recent capital improvements in the area including new residential and mixed-use developments, new street improvements and street signage. Buyer to conduct their investigations to suit their use and all information. Property can be delivered with two units vacant (Approximately 2/3 of the property).

Investment highlights

  • High Traffic Counts

  • Dense Urban Community

  • Gated Yard

  • High Visibility

Listing Contacts

EV
CA 01960598
Five Heights Realty Corp.
Listed by Five Heights Realty Corp.

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Additional Information

Name
Efren Valdovinos
License
01960598
Brokerage
Five Heights Realty Corp
Brokerage Phone
2135098643
Title
Consultant
Brokerage Address
660 Monterey Pass Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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