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29484457
29484458

4 Locations

FR
CA CA 01857257
Opics Properties, LLC
Listed by Opics Properties, LLC
$2,000,000
156 days on market
Updated 1 day ago
Opportunity zone

1132, 1134, 1136, 1136 1/2 E. Imperial Hwy LA, CA 90059

Details
Property Type Land, Retail (+1)
Sub Type Convenience Store, Pharmacy/Drug (+1)
Square Footage 4,146
Net Rentable (SqFt) 4,146
Cap Rate 5.75%
NOI $115,000
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $482
Broker Co-Op Yes
Class C
Year Built 1959
Stories 1
Lot Size (SqFt) 19,795
Zoning LAC2
Investment Type Redevelopment
Tenant Credit No Credit Rating
Occupancy Date 01/31/2026
Ownership Fee Simple

Land | 19,795 SqFt

Marketing description

East Imperial Hwy @ South Central Ave.

Exceptional Infill Value-Add or Redevelopment Property with large Billboard Income with Freeway 105 Exposure.

Effective 02-01-26, the gross monthly income of the property is $10,380. The buyer will have the option to terminate any tenant unit with 30 days' notice, except for the billboard, whose lease matures on 08-01-26. This is an ideal opportunity for a buyer who can take advantage of the monthly income while they decide on a redevelopment, partial or complete owner/user occupancy with the billboard income.


Investment highlights

  • Videos Link : https://drive.google.com/drive/folders/11rzgLk8WnbpqhWYOZ9f-A4sgmYtYEvK0?usp=sharing

Listing Contacts

FR
CA CA 01857257
Opics Properties, LLC
Listed by Opics Properties, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Fara Raban
License
CA 01857257
Brokerage Phone
310-873-9568
Brokerage Address
12121 Wilshire Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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