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Listed by Leah Ivy Chang • Redpoint Realty
$2,200,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-24252495
Year Built 1974
Annual Tax Amount $14,575
Tax Year 2024
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Prime 5% Cap Rate NNN Investment Opportunity!
Don't miss your chance to secure this income-producing gem in one of the area's most sought-after locations. This high-exposure corner lot offers incredible visibility, long-term stability, and untapped potential for future upside.
Solid NNN Lease — Tenant covers all expenses (taxes, insurance, and maintenance), giving you pure net income and true peace of mind.
Strategic Location — Positioned on a high-traffic intersection, this property benefits from strong footfall, excellent access, and strong local demographics.
Large Lot — Spacious corner parcel offers future redevelopment potential, drive-thru capability, or expansion possibilities (check with city).
Turnkey Investment — Ideal for 1031 exchange buyers, seasoned investors, or anyone seeking a stable, low-maintenance property with attractive returns.
Don't miss your chance to secure this income-producing gem in one of the area's most sought-after locations. This high-exposure corner lot offers incredible visibility, long-term stability, and untapped potential for future upside.
Solid NNN Lease — Tenant covers all expenses (taxes, insurance, and maintenance), giving you pure net income and true peace of mind.
Strategic Location — Positioned on a high-traffic intersection, this property benefits from strong footfall, excellent access, and strong local demographics.
Large Lot — Spacious corner parcel offers future redevelopment potential, drive-thru capability, or expansion possibilities (check with city).
Turnkey Investment — Ideal for 1031 exchange buyers, seasoned investors, or anyone seeking a stable, low-maintenance property with attractive returns.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Heating Central
Laundry None
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Lot 10000-19999 Sqft, Corner Lot
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900