AVAILABILITY DETAILS
- Size
- 11,400 SF
- Space/Suite
- Entire Property
- Asking Rent Type
- N/A -
Contact for Info
- Rent/SF/Month
- N/A -
Contact for Info
- Listing ID
- LA561721
- Notes
- PROPERTY SUMMARY
THE ASSET
TYPE ▪ Mixed-Use
▪ Commercial/Residential
YEAR BUILT ▪ 1960
GROSS SF ▪ 11,400
LOT SF ▪ ± 16,633
APN ▪ 5372-002-027 ▪ 5372-002-029
ZONING ▪ C3
BUILDINGS ▪ 3
WALKSCORE ® ▪ 81
INVESTMENT SUMMARY
▪ Below-Market Leases: Current gross leases
are under market rental rates, presenting a
significant opportunity to increase cash flow.
▪ Upside Potential: The property’s strategic
location and lease flexibility make it an ideal
investment for value-add strategies.
▪ Ideal for: Investors looking to reposition
assets, capitalize on an emerging market, and
benefit from the nearby large-scale
developments.
LOCATION HIGHLIGHTS
▪ Strategically located on a soft corner for high
visibility and accessibility (E Mission and S
Gladys Ave).
▪ Situated one block south of the upcoming
Pacific Square Mixed-Use Project, which will
add 243 new condominium units to the area.
This project is currently under construction
and is expected to enhance the
neighborhood's foot traffic and economic
activity.
▪ Located 1 block east of San Gabriel Blvd
▪ Good access to the 10 and 210 Freeways
LEASE FLEXIBILITY
▪ Several units are on month-to-month terms,
allowing for immediate renegotiation of leases.
▪ Longer-term leases include a "cancellation
upon sale" clause, giving the new owner the
ability to raise rents and implement new NNN
(Triple Net) leases.
- Uses
- Multifamily
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Justin Woo, G & S Group | KW Commercial