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Central Ave Storefront 10209 S Central Ave 3,500 SF Retail Building Los Angeles, CA 90002 $1,195,040 CAD ($341.44 CAD/SF) 7% Cap Rate
Investment Highlights
- 31,239 Traffic Counts
- Bus Line
- High Ceilings
- Gated Lot
- High Foot Traffic
Executive Summary
Five Heights Realty Corp is pleased to present for sale 10209 S Central Ave, a street-front, commercial property in the city of Los Angeles. The property consists of three (3) units on a ±3,500 SF street-front retail building on a ±6,015 SF lot centrally located in a dense community in the Watts community. Located on a busy street with high vehicular traffic, the street front building faces Central Ave and is in close proximity to residential properties and amenities. A gated rear lot provides ample parking and security. The property benefits from recent capital improvements in the area including new residential and mixed-use developments, new street improvements and street signage. Buyer to conduct their investigations to suit their use and all information. Property can be delivered with two units vacant (Approximately 65% of the property). Proforma Cap is 7%.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Year Built
1949
Price
$1,195,040 CAD
Price Per SF
$341.44 CAD
Cap Rate
7%
NOI
$83,653 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.14 AC
Zoning
LAC2 - Commercial (C2) - City of L.A, retail, storefront, office, flex space, shipping store, salon, stylist, laundry, mailbox business, gym, finance.
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
80’ on South Central Avenue
Amenities
- Banking
- Bus Line
- Courtyard
- Fenced Lot
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 10209 | 1,100 SF | Retail | In-Line | Now |
| 10211 | 1,100 SF | Retail | - | Now |
10209
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
10211
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
10209
| Size | 1,100 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
10211
| Size | 1,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6049-026-004 | Improvements Assessment | $241,267 CAD |
| Land Assessment | $854,775 CAD | Total Assessment | $1,096,043 CAD |
Property Taxes
Parcel Number
6049-026-004
Land Assessment
$854,775 CAD
Improvements Assessment
$241,267 CAD
Total Assessment
$1,096,043 CAD
1 of 30
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Central Ave Storefront | 10209 S Central Ave
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