Listed by KW Commercial L.A. Westside, Commercial Asset Group, Inc.
$3,750,000
2566 Clarendon Avenue
Details
APN 6320-031-008
Property Type Retail
Sub Type Commercial
Square Footage 12,450
Cap Rate 5.60%
NOI $211,178
Lease Type Gross
Pro-Forma Cap Rate 6.00%
Pro-Forma NOI $224,719
Price per SqFt $301
Year Built 1929
Stories 1
Lot Size (SqFt) 24,976
Zoning HP-CBD
Retail | 5.60% CAP | 12,450 SqFt
Marketing description
Signalized Corner Retail Center Available for Sale
Investment highlights
- Approx. ±12,450 SF retail building
- Located on "the famous" Pacific Blvd. in Huntington Park
- Located at the signalized intersection of Pacific Blvd. & Clarendon Ave.
- Great frontage with approx. 84 feet along Pacific Blvd. & 300 feet along Clarendon Ave.
- Ample on-site parking; in addition to plenty of street parking & city provided lots
- Centrally located between the 110, 10, 710 & 105 freeways
- Excellent demographics: Over 50,000 people residing within a 1-mile radius and over 400,000 people residing within a 3-mile radius
Listing Contacts
Listed by KW Commercial L.A. Westside, Commercial Asset Group, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$211,178.00
$17,598.17/mo
Valuation Metrics
0
DSCR
5.63%
Cap Rate
5.63%
ROI
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