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.
Property Details
Price:
$1,600,000
MLS #:
CV25033516
Status:
Active
Baths:
0
Address:
4254 Floral
Type:
Commercial
Subtype:
Retail
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
90063
Year Built:
1982
Schools
Interior
Cooling
None
Heating
None
Exterior
Stories Total
1
Water Source
Public
Financial
Taxes
$4,036
Map
Contact Us
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4254 Floral
Los Angeles, CA
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