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±10,651 SF Retail Lot Redevelopment Potential 719 S Atlantic Blvd 868 SF Retail Building East Los Angeles, CA 90022 $1,516,537 CAD ($1,747.16 CAD/SF) 5.04% Cap Rate
Investment Highlights
- Multifamily Development Potential: MXD Zoning Allows 150 DUs/Acre, Therefore May Allow Up to 54 Units or More to be Redeveloped (Buyer Verify)
- Easy access to services, shopping, restaurants, and markets, along Atlantic Blvd and Whittier Blvd.
- The location and available building area offer significant upside potential for investors seeking to add value through improvements and management.
- 719 sits on ± 5,307 SF, and 723 sits on ± 5,344 SF with an existing ± 868 SF building. Fenced front and rear yard. Combined lots ± 10,651 SF.
- Close to 5, 60 and 710 FWYs, East Los Angeles, Commerce, Montebello, and Vernon.
- Do not disturb tenant or walk on site. Buyer to verify all information herein, Broker/Agent and Seller do not guarantee its accuracy.
Executive Summary
KW COMMERCIAL AND CHANG INVESTMENT GROUP are proud to exclusively present the opportunity to purchase 719-723 S Atlantic Blvd., consisting of two (2) adjoinging retail/commercial properties. This property is zoned MXD; possible uses included mixed use, retail, medical and limited light industrial. Well located in East Los Angeles, just east of DTLA and adjacent to Commerce and Montebello with easy access to the 5, 60, and 710 freeways. 719-723 S Atlantic Blvd. is perfect for investment to recognize upside potential for retail and commercial use. 719 sits on ± 5,307 SF, and 723 sits on ± 5,344 SF (incl. ± 868 SF single story building built in 1940). Buyer to verify.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
868 SF
Building Class
C
Year Built/Renovated
1940/2025
Price
$1,516,537 CAD
Price Per SF
$1,747.16 CAD
Cap Rate
5.04%
NOI
$76,464 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.24 AC
Zoning
MXD - Mixed Use Development
Frontage
460’ on S Atlantic Blvd
Amenities
- Fenced Lot
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $391,189 CAD | |
| Land Assessment | $1,154,627 CAD | Total Assessment | $1,545,816 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,154,627 CAD
Improvements Assessment
$391,189 CAD
Total Assessment
$1,545,816 CAD
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±10,651 SF Retail Lot Redevelopment Potential | 719 S Atlantic Blvd
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