Presenting a ±2,526 square-foot single-tenant retail asset situated on a strategic ±6,970-square-foot dual-parcel lot. Located in a high-density trade area near the intersection of Floral Drive and North Eastern Avenue, this offering is a pure real estate play; the business is not included in the sale, providing a clean slate for the discerning investor or owner-user. The property’s true value lies in its exceptional operational flexibility and significant rental upside. Currently occupied by a month-to-month tenant at a rate well below market standards, the asset is primed for an immediate lease reset to capture current market highs or can be delivered vacant for an owner-user. With a 40-year history of stability and a location characterized by robust traffic counts and dense demographics, this is a rare opportunity to secure a high-visibility Los Angeles asset with immediate equity growth potential.
| MLS # | CV26071115 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 142 |
| Listing Provided By | VISMAR REAL ESTATE | Saray Sanchez |
| SQ Feet | 2,526 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 6910.00 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Lot Features | Corner Lot, Paved, Walkstreet |
|---|
| Property | 4036 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $1,199,999 low | high Med: $949,950 sqft: 2,526 low | high Med: 4,696 $ / sqft: $475 low | high Med: $202 On site: 142 low | high Med: 61 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $1,199,999 low | high Med: $949,950 sqft: 2,526 low | high Med: 4,696 $ / sqft: $475 low | high Med: $202 On site: 142 low | high Med: 61 | |
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