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Vacant-User

Coin Laundry

1301 E Florence Ave, Los Angeles, CA 90001

Listing Price: $1,675,000

Cap Rate
6.25%
Rentable SF
3,800
Lot Size
0.15 acres
Year Built
1998

Investment Overview

The buildings in this retail offering are on thoroughfares with high traffic counts. The 100% occupied properties can be bought individually or as a portfolio. All the leases have annual rent increases and 5 are triple net with 1 gross lease. The portfolio is priced very competitively at a 6.37% capitalization rate and at $475 per square foot.

Investment Highlights

  • 100% Occupied with 4 single tenant buildings, 1 two tenant building, and 1 three tenant building with a single family house.
  • First time on the market in over 20 years!
  • 15,692 gross square footage for the building and 27,776 square feet for total lot sizes.
  • Located on major thoroughfares with high traf?c counts!
  • 3 corner properties with the laundry mat located at a signalized intersection.

Exclusively Listed By

Financing By

Listing Price: $1,675,000

Cap Rate
6.25%
Rentable SF
3,800
Lot Size
0.15 acres
Year Built
1998

Investment Highlights

  • 100% Occupied with 4 single tenant buildings, 1 two tenant building, and 1 three tenant building with a single family house.
  • First time on the market in over 20 years!
  • 15,692 gross square footage for the building and 27,776 square feet for total lot sizes.
  • Located on major thoroughfares with high traf?c counts!
  • 3 corner properties with the laundry mat located at a signalized intersection.

Investment Overview

The buildings in this retail offering are on thoroughfares with high traffic counts. The 100% occupied properties can be bought individually or as a portfolio. All the leases have annual rent increases and 5 are triple net with 1 gross lease. The portfolio is priced very competitively at a 6.37% capitalization rate and at $475 per square foot.

Exclusively Listed By

Financing By

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