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509 N St Louis St 1,600 SF Vacant Retail Building Los Angeles, CA 90033 $682,605 CAD ($426.63 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- 1,880 SQ FT Lot
- High Traffic Count corner
- 1,600 SQ FT Stand Alone Building; divided into 3 units
- Zone LAC2; TOC Tier 3
- Upside Potential in Rents
EXECUTIVE SUMMARY
Located in the vibrant community of Boyle Heights. This property is the perfect opportunity for an owner-user or investor seeking to capitalize on the upside in rents after renovation of this Zone C2 fixer currently comprising of 3 units. One unit is vacant, two are occupied by the same tenant on a month-to-month basis. The prime location offers excellent visibility and accessibility to Cesar Chavez Ave, the main thoroughfare for the neighborhood’s array of retail shops, restaurants and community services, with close proximity to the 10, 5, 101, 110 highways, General Hospital and Medical Center, Adventist Health White Memorial, and Hollenbeck Park, making it a very desirable asset.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
C
Year Built
1928
Price
$682,605 CAD
Price Per SF
$426.63 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.04 AC
Zoning
C2
Frontage
40’ on ST LOUIS ST
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5175-029-002 | Improvements Assessment | $119,429 CAD (2025) |
| Land Assessment | $185,514 CAD (2025) | Total Assessment | $304,943 CAD (2025) |
PROPERTY TAXES
Parcel Number
5175-029-002
Land Assessment
$185,514 CAD (2025)
Improvements Assessment
$119,429 CAD (2025)
Total Assessment
$304,943 CAD (2025)
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509 N St Louis St
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