Tuesday, September 2, 2008

Los Angeles Retail Building For Sale $1,625,000

Property Use Type:Investment
Type:Retail
Street Retail
Building Size:10,902 SF
Lot Size:9,000 SF
Occupancy:100.00%
Price:$1,625,000
Price/SF:$149.06
Cap Rate:6.70%
Year Built:1928

Property Description:
The subject property is a 10,902 S.F. Retail building (includes 2,109SF of Mezzanine) on a 9,000 S.F lot. The one story offering consists of 2 tenants at below market rents. Zoning is LCM1.

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