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Listed by Christopher Comfort • Apex Properties
$1,495,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW-26136877
Year Built 1950
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Fully leased Multi-Tenant Retail Asset | 6.5% Cap Rate | Prime Corner Lot
Exceptional opportunity to acquire a high-visibility, 5,775 SF multi-tenant retail
building situated on a prime 8,408 SF corner lot. Offering immediate stability and
strong cash flow, this asset is being delivered at an attractive 6.5% Cap Rate. The
property features 100% occupancy across six stabilized, smaller-profile retail units,
offering a diversified income stream and excellent risk mitigation for investors.
Designed for efficiency and low landlord oversight, each unit is equipped with its
own, separate utility meters, and a private restroom. The building boasts
outstanding curb appeal and abundant natural light thanks to a modern glass
storefront system. Complete with an on-site 6-stall gated parking lot and prominent
corner exposure, this is a turnkey, income-producing asset built for long-term value.
Exceptional opportunity to acquire a high-visibility, 5,775 SF multi-tenant retail
building situated on a prime 8,408 SF corner lot. Offering immediate stability and
strong cash flow, this asset is being delivered at an attractive 6.5% Cap Rate. The
property features 100% occupancy across six stabilized, smaller-profile retail units,
offering a diversified income stream and excellent risk mitigation for investors.
Designed for efficiency and low landlord oversight, each unit is equipped with its
own, separate utility meters, and a private restroom. The building boasts
outstanding curb appeal and abundant natural light thanks to a modern glass
storefront system. Complete with an on-site 6-stall gated parking lot and prominent
corner exposure, this is a turnkey, income-producing asset built for long-term value.
Location
State CA
County Los Angeles
Area 193 - San Pedro - North
Interior
Heating Forced Air
Laundry None
Building
Lot Description Corner Lot, 6-10 Units/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900