Listed by Rose&Co Group
$1,100,000
2116-2118 S Central Ave
Details
APN 5119-003-023
Property Type Retail
Sub Type Health Clinic
Square Footage 2,000
Cap Rate 5.30%
NOI $58,270
Tenancy Single
Price per SqFt $550
Year Built 1920
Zoning LAC2
Parking Spaces 6 spaces
Parking Per SqFt 3.00
Investment Type Stabilized
Retail | 5.30% CAP | 2,000 SqFt
Marketing description
Well-located retail investment opportunity in the heart of Los Angeles featuring a long-term health clinic tenant and stable in-place cash flow. The property benefits from approximately 70 feet of frontage along S. Central Avenue, strong visibility, six on-site parking spaces, and Opportunity Zone designation. Recent upgrades include a newer HVAC system and ADA-compliant improvements. LAC2 zoning provides flexibility for a variety of commercial uses while the existing tenancy offers immediate income stability.
Investment highlights
- Located within a designated Opportunity Zone, providing potential tax advantages and long-term investment appeal for qualified investors.
- New HVAC system installed approximately two years ago, providing efficient and reliable climate control
- Hot water available throughout the premises for added convenience and functionality.
- Approximately 70 feet of frontage along S. Central Avenue with traffic counts exceeding 28,000 vehicles per day.
- Two on-site restrooms providing added convenience for staff and clientele alike
- Property features a newer HVAC system, ADA-compliant improvements, hot water throughout the premises, and two on-site restrooms.
- ADA-compliant improvements offering accessibility and convenience for a wide range of users
Listing Contacts
Listed by Rose&Co Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,270.00
$4,855.83/mo
Valuation Metrics
0
DSCR
5.3%
Cap Rate
5.3%
ROI
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