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5524-5528 Monte Vista

5524-5528 Monte Vista St, Los Angeles, CA 90042

Listing Price: $1,275,000

Cap Rate
4.59%
Gross SF
4,383
Rentable SF
4,383
Price/Gross SF
$290.90
Lot Size
0.15 acres
Year Built
1935

Investment Overview

Marcus & Millichap is pleased to present 5524-5528 Monte Vista St, a rare mixed-use, retail/residential property located in the heart of Highland Park. The subject property consists of two buildings totaling approximately 4,383 square feet situated on a 0.15-acre C4 zoned parcel. This site is accompanied by only a handful of other mixed-use properties in the entire city of Highland Park and is located in one of the most desirable areas. With the exception of just a two main commercial corridors, Highland Park is largely comprised of a dense residential neighborhood, all of which is experiencing significant positive change. Along N Figueroa St and York Blvd there are a considerable amount of boutiques, local award-winning restaurants, and local small businesses that have grown substantially over the last 5 years. Between Highland Parks two main streets (York Blvd & Figueroa), you will frequently find neighborhood coffee shops, thrift stores, and nightlife establishments booming with life. This property is also home to Tierra Mia Coffee, one of the most iconic local coffee shops in Highland Park.

Investment Highlights

  • Value-Add Investment Opportunity with Significant Upside
  • Live/Work Opportunity
  • Located just a Few Blocks from a Metro Gold Line Station
  • Rare Retail/Residential in the Heart of Highland Park

Exclusively Listed By

Listing Price: $1,275,000

Cap Rate
4.59%
Gross SF
4,383
Rentable SF
4,383
Price/Gross SF
$290.90
Lot Size
0.15 acres
Year Built
1935

Investment Highlights

  • Value-Add Investment Opportunity with Significant Upside
  • Live/Work Opportunity
  • Located just a Few Blocks from a Metro Gold Line Station
  • Rare Retail/Residential in the Heart of Highland Park

Investment Overview

Marcus & Millichap is pleased to present 5524-5528 Monte Vista St, a rare mixed-use, retail/residential property located in the heart of Highland Park. The subject property consists of two buildings totaling approximately 4,383 square feet situated on a 0.15-acre C4 zoned parcel. This site is accompanied by only a handful of other mixed-use properties in the entire city of Highland Park and is located in one of the most desirable areas. With the exception of just a two main commercial corridors, Highland Park is largely comprised of a dense residential neighborhood, all of which is experiencing significant positive change. Along N Figueroa St and York Blvd there are a considerable amount of boutiques, local award-winning restaurants, and local small businesses that have grown substantially over the last 5 years. Between Highland Parks two main streets (York Blvd & Figueroa), you will frequently find neighborhood coffee shops, thrift stores, and nightlife establishments booming with life. This property is also home to Tierra Mia Coffee, one of the most iconic local coffee shops in Highland Park.

Exclusively Listed By

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