6825 Crenshaw Blvd - Restaurant FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$1,195,000 USD
310-658-3375
6825 Crenshaw Blvd, Los Angeles, CA for Sale
$1,195,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

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6825 Crenshaw Blvd
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Generous Parcel Size, .29 Building-to-Land Ratio
  • Excellent Retail/Warehouse Owner-User Building
  • State Enterprise Zone Reduced Parking Requirements - 2 per 1,000 SF - Medical or Restaurant
  • 90% SBA Financing Available

OVERVIEW

Kidder Mathews is the exclusive agent for this vacant Owner-User building on Crenshaw Blvd. The property is situated just North of Florence Avenue and South of Hyde Park Blvd. The lot size is 9,442 sf and the building size is 2,800 sf with ingress/egress along the southern parcel with a shared 20-foot driveway. The building is mostly comprised of warehouse space (2,400 sf) which can be used for industrial, but could be converted to restaurant or medical space due to its State Enterprise Zone designation which allows parking requirements to be reduced to 2 spaces for every 1,000 sf. The parcel has 50 feet of frontage and benefits from pole signage captured by excellent vehicle and foot traffic.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Large Lot - Owner User Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,442 SF

ZONING

MR1-2D-SP

APN/PARCEL ID

4006-024-016

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

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Jay MartinezKidder MathewsMore Info
310-658-3375

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