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Mixed-Use

4117 South Central Avenue

4117 S Central Ave, Los Angeles, CA 90011

Listing Price: $1,999,999

Cap Rate
3.41%
Number of Units
6
Occupancy
80.0%
Price/Unit
$333,333
Price/Gross SF
$232.56
Gross SF
8,600

Investment Overview

4117 South Central Avenue offers a unique opportunity to acquire a classic 1920’s Los Angeles bricker in Historic South Central. The 7,600-square feet building is made up of 3,500-square of retail storefront and 4,100-square feet of residential space. The retail spaces are leased until 2025 and 2026 to a market and closeout store. The four residential units are fully occupied and made up of an excellent mix of one single, two, two-bedroom/one-bath units, and one three-bedroom/one-bath. All units have significant rental upside potential with well below market rents, large open layouts, flexible use options, and a unique corner lot property with excellent visibility. The property sits on 7,593square feet of land zoned C2-2D-CPIO and falls under the South Los Angeles Alcohol Sales Specific Plan, State Enterprise Zone and Transit Oriented Communities (TOC) Tier 2.

Investment Highlights

  • Value Add Mixed-Use Investment Opportunity
  • Charming Two-Story Brick Building Built in 1923
  • Excellent Frontage and Visibility along South Central Avenue

Exclusively Listed By

Listing Price: $1,999,999

Cap Rate
3.41%
Number of Units
6
Occupancy
80.0%
Price/Unit
$333,333
Price/Gross SF
$232.56
Gross SF
8,600

Investment Highlights

  • Value Add Mixed-Use Investment Opportunity
  • Charming Two-Story Brick Building Built in 1923
  • Excellent Frontage and Visibility along South Central Avenue

Investment Overview

4117 South Central Avenue offers a unique opportunity to acquire a classic 1920’s Los Angeles bricker in Historic South Central. The 7,600-square feet building is made up of 3,500-square of retail storefront and 4,100-square feet of residential space. The retail spaces are leased until 2025 and 2026 to a market and closeout store. The four residential units are fully occupied and made up of an excellent mix of one single, two, two-bedroom/one-bath units, and one three-bedroom/one-bath. All units have significant rental upside potential with well below market rents, large open layouts, flexible use options, and a unique corner lot property with excellent visibility. The property sits on 7,593square feet of land zoned C2-2D-CPIO and falls under the South Los Angeles Alcohol Sales Specific Plan, State Enterprise Zone and Transit Oriented Communities (TOC) Tier 2.

Exclusively Listed By

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