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29983178
29983179

719 S Atlantic Blvd, East Los Angeles, CA 90022

KT
CA 01921901
KW Commercial
SC
CA 02028509
KW Commercial Pasadena
Listed by KW Commercial, KW Commercial Pasadena
$1,100,000
97 days on market
Updated 44 days ago

Retail Auto Sales | East Los Angeles

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 868
Cap Rate 5.00%
NOI $72,000
Occupancy 100%
Lease Type Modified
Price per SqFt $1,267
Class C
Year Built 1940
Buildings 1
Stories 1
Lot Size (SqFt) 10,651
Zoning MXD

Great Location in East Los Angeles!

Marketing description

Introducing an exceptional investment opportunity in the heart of Los Angeles: **719-723 S. ATLANTIC BOULEVARD, EAST LOS ANGELES, CA 90022**. This property features an office building and parking lot spread across 2 adjoining parcels, providing versatility and potential for various business uses. The prime location of this property offers high visibility and easy access, making it an attractive option for businesses looking to establish a presence in a bustling area. The office building has 868 SF with zoning MXD, while the parking lot provides convenience for both tenants and customers. Don't miss out on this unique opportunity to acquire a property with both functionality and potential for growth. Contact us now to learn more about how 719-723 S. ATLANTIC BOULEVARD can be the perfect investment for your portfolio.

Investment highlights

  • Value Added Retail Opportunity: The location and available building area offer significant upside potential for investors seeking to add value through improvements and management.

  • 719 sits on ± 5,307 SF and 723 sits on ± 5,344 SF with an existing ± 868 SF building built in 1940. Fenced front / rear yard. Combined lots ± 10,651 SF.

  • Easy access to services, shopping, restaurants, and markets, along Atlantic Blvd and Whittier Blvd.

  • Close to 5, 60 and 710 FWYs, East Los Angeles, Commerce, Montebello, and Vernon.

  • Contact listing agents to schedule a tour of the properties. Do not disturb the tenants or walk onsite. Buyer to verify all information herein, Broker/Agent and Seller do not guarantee its accuracy.

Listing Contacts

KT
CA 01921901
KW Commercial
SC
CA 02028509
KW Commercial Pasadena
Listed by KW Commercial, KW Commercial Pasadena

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,000.00
$6,000.00/mo

Valuation Metrics

0
DSCR
6.55%
Cap Rate
6.55%
ROI

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Additional Information

Name
Kelly Tran
License
01921901
Brokerage
KW Commercial
Brokerage Phone
6268778227
Title
Broker Associarte
Brokerage Address
199 South Los Robles Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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