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Listed by Saray Y. Sanchez • VISMAR REAL ESTATE
$ 1,399,999
Est. payment /mo
Price Dropped by $200K
Los Angeles, CA 90063
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-25033516
Year Built 1982
Annual Tax Amount $4,036
Property Sub-Type Retail
Source California Regional Multiple Listing Service (CRMLS)
Property Description
VISMAR REAL ESTATE is excited to present the opportunity to acquire 100% fee simple ownership of a 2,526 sq. ft. single-tenant retail property, currently operating as a tire shop. Built in 1982, the property spans two parcels totaling 0.16 acres and is located in a high-demand trade area near the intersection of Floral Dr and North Eastern Ave in Los Angeles. This fully leased property offers steady cash flow with significant upside potential. The short-term lease structure provides flexibility for investors to either occupy the space or adjust rents to market rates, maximizing the property's operating income. Located in a thriving suburban market with strong demographics, excellent foot traffic, and stable tenancy, this property presents a compelling investment opportunity with growth potential.
Location
State CA
County Los Angeles
Zoning C2
Interior
Heating None
Laundry None
Building
Lot Description Walkstreet, Paved, Corner Lot
Others
Virtual Tour https://youtu.be/rKeQl4tAVnI