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Lavanderia-laundry 7904 S Central Ave 1,460 SF Retail Building Los Angeles, CA 90001 $1,086,896 CAD ($744.45 CAD/SF) 7.97% Cap Rate
Investment Highlights
- 7.97 CAP RATE
- NNN TENANT
- SELLER FINANCING AVAILABLE
- TENANT EXERCISED OPTION TO EXTEND LEASE
Executive Summary
Single Tenant NNN 7.97% CAP RATE. The tenant just exercised the Option to Extend the Lease for an additional 3 years. Rent increases by 3% in October 2026. There is heavy power at the property due to the fact it was previously a laundry mat business with all the plumbing and gas lines still at the property. Roof was replaced in the last several years and is in good condition per ownership.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,460 SF
Building Class
C
Year Built
1946
Price
$1,086,896 CAD
Price Per SF
$744.45 CAD
Cap Rate
7.97%
NOI
$86,590 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C3 - Check with the governing agency
Parking
10 Spaces (6.85 Spaces per 1,000 SF Leased)
Frontage
40’ on Central
Amenities
- Controlled Access
- Fenced Lot
- Signalized Intersection
- Air Conditioning
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6028-001-014 | Improvements Assessment | $235,498 CAD |
| Land Assessment | $554,113 CAD | Total Assessment | $789,611 CAD |
Property Taxes
Parcel Number
6028-001-014
Land Assessment
$554,113 CAD
Improvements Assessment
$235,498 CAD
Total Assessment
$789,611 CAD
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Lavanderia-laundry | 7904 S Central Ave
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