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5701 Figueroa St 5,700 SF 100% Leased Retail Building Los Angeles, CA 90042 $7,258,784 CAD ($1,273.47 CAD/SF)



INVESTMENT HIGHLIGHTS
- Prime Highland Park corner location with heavy foot and vehicle traffic
- Fully leased with flexible tenancy and long-term upside
- Zoned [Q]C4-2D-HPOZ with potential for future repositioning
- Steps from Metro Gold Line and adjacent to public parking
- Surrounded by top-tier retail, dining, and lifestyle amenities
EXECUTIVE SUMMARY
Ground Zero Highland Park retail property for sale on the corner of Figueroa Street and Avenue 57; available for either an owner-user or an investor, the property is approximately 5,700 square feet of building per Owner on 7,611 square feet of land per Assessor: Antigua Bread (2,200 square feet) is operated by the owners of the property and has been in business since 2007; ownership will either vacate the premises or execute a long-term lease for the space; other tenants in the building include Kotn (2,278 square feet), Viva Hair Studio (600 square feet), and a barbershop (400 square feet); the property is immediately adjacent to a City parking lot and the Metro Gold Line Station; heavy foot and vehicular traffic (20,613 cars per day on Figueroa Street per 2024 MPSI estimate); three (3) tandem parking spaces (possibility to expand to four (4) as Antigua Bread has outdoor seating which occupies one (1) tandem space); the area is dense in retail shops, services and restaurants in the immediate vicinity including Highland Park Bowl, CVS, Smart & Final, Food 4 Less, Grocery Outlet, Triple Beam Pizza, Hippo, Highland Park Wine, Go Get Em Tiger, Kitchen Mouse, T-Mobile, Kinship Yoga, The Greyhound Bar & Grill, TheBeastBurgerLA, AutoZone, Mendocino Farms, Jeni's Ice Creams, Afters Ice Cream, Baskin Robbins, HomeState, Cookbook, Subway, El Pollo Loco, Taco Bell, Jack in the Box and Starbucks
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,700 SF
Building Class
C
Year Built
1935
Price
$7,258,784 CAD
Price Per SF
$1,273.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.17 AC
Zoning
[Q]C4-2D-HPOZ - Commercial
Parking
8 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
87’ on Figueroa St
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5492-001-012 | Improvements Assessment | $668,602 CAD |
| Land Assessment | $1,560,080 CAD | Total Assessment | $2,228,682 CAD |
PROPERTY TAXES
Parcel Number
5492-001-012
Land Assessment
$1,560,080 CAD
Improvements Assessment
$668,602 CAD
Total Assessment
$2,228,682 CAD
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5701 Figueroa St
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