Log In/Sign Up
Your email has been sent.
The Selig Building 269-275 S Western Ave 10,348 SF 100% Leased Retail Building Los Angeles, CA 90004 $7,439,327 CAD ($718.91 CAD/SF) 5.46% Cap Rate
EXECUTIVE SUMMARY
Iconic Retail property on the northwest corner of Western Ave. and 3rd St. The Selig building is one of the most recognizable properties in LA on an extremely heavily trafficked intersection in Koreatown. Built in 1934 and renovated extensively in 2018 with a New Roof, HVAC/Electrical/Plumbing upgrades in each unit, Facade improvements for each unit, and private restrooms in each unit. The retail landscape in LA lacks the charm of older architecturally pleasing design of buildings like this, which is big draw to prospective tenants. Rare opportunity to purchase retail/commercial in prime Koreatown.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,348 SF
Building Class
B
Year Built/Renovated
1931/2018
Price
$7,439,327 CAD
Price Per SF
$718.91 CAD
Cap Rate
5.46%
NOI
$406,295 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.21 AC
Zoning
C2, Los angeles - Building is designated as a Historical Building
Parking
2 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Commuter Rail
- Corner Lot
- Metro/Subway
- Mezzanine
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- DBA Mail Plus
- -
- -
- -
- -
-
Jan 0000
- La Petite Gardenia
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Tiger Joo
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| DBA Mail Plus | - | - | - | - | Jan 0000 | |
| La Petite Gardenia | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tiger Joo | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5517-001-012 | Improvements Assessment | $972,128 CAD |
| Land Assessment | $4,338,439 CAD | Total Assessment | $5,310,567 CAD |
PROPERTY TAXES
Parcel Number
5517-001-012
Land Assessment
$4,338,439 CAD
Improvements Assessment
$972,128 CAD
Total Assessment
$5,310,567 CAD
1 of 37
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Selig Building | 269-275 S Western Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.