509 N St Louis St - Storefront Retail/Office FOR SALE


Los Angeles, CA 90033- Boyle Heights
$550,000 USD
310-463-5181
509 N St Louis St, Los Angeles, CA for Sale
$550,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

509 N St Louis St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Heavy daytime foot traffic
  • 1,600 SQ FT Stand Alone Building; divided into 3 units
  • 1,880 SQ FT Lot
  • Zone LAC2; TOC Tier 3
  • High Traffic Count corner
  • Upside Potential in Rents

OVERVIEW

Located in the vibrant community of Boyle Heights. This property is the perfect opportunity for an owner-user or investor seeking to capitalize on the upside in rents after renovation of this Zone C2 fixer currently comprising of 3 units. The prime location offers excellent visibility and accessibility to Cesar Chavez Ave, the main thoroughfare for the neighborhood’s array of retail shops, restaurants and community services, with close proximity to the 10, 5, 101, 110 highways, General Hospital and Medical Center, Adventist Health White Memorial, and Hollenbeck Park, making it a very desirable asset.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,880 SF

ZONING

C2

APN/PARCEL ID

5175-029-002

ASK ABOUT THIS PROPERTY

Vivian ChaingParcelle, Inc.More Info
310-463-5181

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Vivian ChaingParcelle, Inc.More Info
310-463-5181

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