2401-2413 W Martin Luther King Jr Blvd - Storefront FOR SALE


Los Angeles, CA 90008
$1,700,000 USD
818-584-4344
2401-2413 W Martin Luther King Jr Blvd, Los Angeles, CA for Sale
$1,700,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

2401-2413 W Martin Luther King Jr Blvd
Los Angeles, CA 90008


HIGHLIGHTS

  • Price Reduced! Commercial Investment Purchase Opportunity: 7 Retail Stores
  • 5 Occupied Retail Stores with $10,305 Gross Monthly Income
  • Heavy Traffic Corner Exposure
  • Adjacent to Leimert Park and Baldwin Village
  • 10% Down SBA 504 Financing
  • Ample Street Parking

OVERVIEW

Sale price reduced! Retail strip center for sale. 7 units: 5 units occupied; 2 units vacant. Actual $10,305 gross monthly income. Heavy traffic exposure with 36,00 daily vehicle count and excellent signage. Located at the northwest corner of Martin Luther King Jr Blvd and 2nd Avenue. One block west of Arlington Avenue. Adjacent to Leimert Park and Baldwin Village. Excellent upside potential! Perfect for SBA 504 financing with 10% down or 7a with 15% down.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

10% Down SBA 504 Financing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,800 SF

ZONING

LA C2-1VL-CPIO

APN/PARCEL ID

5034-018-001

ASK ABOUT THIS PROPERTY

Sam LusterMajor PropertiesMore Info
818-584-4344

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Sam LusterMajor PropertiesMore Info
818-584-4344

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