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1238 S Atlantic Blvd 1,555 SF 100% Leased Retail Building Los Angeles, CA 90022 $752,564 CAD ($483.96 CAD/SF)
Investment Highlights
- Flex retail/office property offering excellent visibility in a high-traffic East Los Angeles corridor.
- Features include high ceilings, a newer roof, and a gated backyard for added security and functionality.
- Located in a dense urban area with strong consumer traffic and proximity to major transportation routes.
- Zoned LCC3, supporting a variety of commercial uses and potential for adaptive reuse.
- The layout allows for the possibility of dividing the space into two separate stores, providing leasing flexibility.
- Positioned near established retail and service businesses, enhancing customer draw and convenience.
Executive Summary
This flex retail/office space boasts excellent visibility and accessibility, situated in a high-traffic area of East Los Angeles. Zoned LCC3, the property features a newer roof, high ceilings, and a gated backyard. The space has the potential to be divided into two separate stores. Buyers are advised to verify with the city regarding the property's intended use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,555 SF
Building Class
C
Year Built
1950
Price
$752,564 CAD
Price Per SF
$483.96 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.59
Lot Size
0.06 AC
Zoning
LCC3* - General Commercial Zone
Parking
6 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
26’ on S. Atlantic Blvd
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6340-011-014 | Improvements Assessment | $391,277 CAD |
| Land Assessment | $412,266 CAD | Total Assessment | $803,543 CAD |
Property Taxes
Parcel Number
6340-011-014
Land Assessment
$412,266 CAD
Improvements Assessment
$391,277 CAD
Total Assessment
$803,543 CAD
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1238 S Atlantic Blvd
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