Listed by Kidder Mathews Los Angeles West, Sands Investment Group, Sands Investment Group Los Angeles
$4,000,000
Owner-User Opportunity - Los Angeles, CA
Details
Property Type Retail
Sub Type Storefront
Square Footage 8,070
Occupancy 100%
Tenancy Single
Brand/Tenant Owner-User Opportunity
Price per SqFt $496
Year Built 1948
Buildings 1
Acreage 0.280
Zoning C2-1VL-CPIO (State Enterprise Zone)
Investment Type Owner/User
Adult Daycare Owner User Opportunity | $495 PSF | High-Demand Corridor
Marketing description
We are pleased to offer for sale the Owner-User Opportunity at 3115 W Jefferson Boulevard in Los Angeles, California. The property benefits from a favorable enterprise zone designation, with zoning that directly supports both use types, reducing entitlement risk and streamlining the path to operations. The combination of strategic location, purpose-aligned zoning, and enterprise zone incentives makes this a straightforward fit for an operator looking to establish or expand in the market.
Investment highlights
- Owner-user opportunity in a high-demand Los Angeles submarket, a rare chance to acquire an 8,070 SF building on a 12,350 SF lot in Los Angeles, ideal for an owner-user looking to establish or expand a daycare, medical, or service-based operation in a densely populated urban corridor.
- Flexible use case with strong demand drivers, the property's size, layout, and zoning lend themselves well to daycare or medical/healthcare use, two of the most recession-resistant and high-demand service categories, supported by the dense surrounding residential population.
- Attractive pricing at $495 PPSF offered at $4,000,000, the property is competitively priced relative to comparable sales in the market, providing an owner-user the opportunity to acquire real estate at a basis that would be difficult to replicate with new construction in Los Angeles.
- Pride of ownership asset with value-add potential built in 1948 with 10 surface parking spaces, the property offers an owner-user the ability to renovate and customize the space to their specific operational needs while building long-term equity in one of the country's most supply-constrained real estate markets.
- Located within a designated California state enterprise zone, providing a direct advantage for an owner-user pursuing medical conversion. The property's zoning accommodates medical use outright, eliminating the need for a conditional use permit and significantly reducing entitlement risk. Additionally, qualifying conversion expenditures, including medical-grade HVAC, electrical upgrades, and built-out fixtures, may be eligible for enterprise zone sales and use tax credits, helping offset a meaningful portion of the conversion capital outlay. For a medical operator, this combination of ready zoning and available tax incentives creates a rare, low-friction path to ownership and occupancy.
Listing Contacts
Listed by Kidder Mathews Los Angeles West, Sands Investment Group, Sands Investment Group Los Angeles
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