1517-1519 Firestone Blvd - Storefront FOR SALE


Los Angeles, CA 90001- Florence-Graham
$1,075,000 USD
310-710-5626
1517-1519 Firestone Blvd, Los Angeles, CA for Sale
$1,075,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

1517-1519 Firestone Blvd
Los Angeles, CA 90001
Florence-Graham


HIGHLIGHTS

  • APPROX. 3,300 SF RETAIL BUILDING ON 6,750 SF OF LAND.
  • PROPERTY HAS APPROVED PLANS FOR MEDICAL USE!!!
  • LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH OVER 30,000 CARS PER DAY ALONG FIRESTONE BLVD.
  • JUST ONE PARCEL EAST OF THE SIGNALIZED INTERSECTION OF COMPTON AVE. & FIRESTONE BLVD.
  • ON-SITE PARKING IN THE REAR OF THE PROPERTY, IN ADDITION TO PLENTY OF STREET PARKING.
  • IN-FILL LOCATION WITH OVER 50,000 PEOPLE RESIDING WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDING WITHIN A 3-MILE RADIUS.

OVERVIEW

KW Commercial is pleased to present a prime freestanding retail building located at 1517 Firestone Blvd., Los Angeles, CA 90001. This property offers approximately 3,300 square feet of versatile space, situated on a 6,750 square foot lot. The building offers frontage of approximately 50 feet along Firestone Blvd., which experiences a high traffic volume of around 30,000 vehicles per day, enhancing its visibility and accessibility. The property is currently vacant and comes with approved plans for medical use, providing a valuable opportunity for owner-users or investors seeking to capitalize on the adaptable space in a densely populated area of Los Angeles. On-site parking is available at the rear of the building, accessible via the alley, supplemented by ample street parking options for clients and visitors. Strategically positioned on the north side of Firestone Blvd., just east of the major signalized intersection at Compton Ave., the site benefits from significant pedestrian and vehicular traffic. The property is in proximity to educational institutions such as the New Charles Drew Middle School and Russell Elementary School, contributing to the area's vibrant community atmosphere. Additionally, it is conveniently located less than two miles east of the 110 Freeway on-ramp and approximately a quarter mile west of the Firestone Station Light Metro Rail, ensuring easy accessibility for commuters and patrons. The surrounding neighborhood is notably dense, with a population exceeding 50,000 residents within a one-mile radius and over 450,000 residents within a three-mile radius, indicating a substantial customer base and workforce availability. This offering represents a compelling opportunity for those looking to invest in or occupy a versatile retail space within a thriving Los Angeles community.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Building | Medical Approved Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

LCR3*

APN/PARCEL ID

6028-034-017

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.