Los Angeles, CA 90001,1118 Firestone Blvd
Los Angeles, CA 90001,1118 Firestone Blvd
Los Angeles, CA 90001,1118 Firestone Blvd
12
$640,000
$649,000
1.4%
Est.Price: ?

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4,000 SqFt

1118 Firestone Blvd Los Angeles, CA 90001

Est. payment /mo
SOLD DATE : 11/18/2024

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Key Details

Sold Price $640,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $160

MLS Listing ID 24-389947

Year Built 1949

Lot Size 4,290 Sqft

Property Sub-Type Retail

Property Description

We are pleased to present this unique opportunity to purchase a +/- 4,000 square foot retail building. The building is situated on a +/- 4,290 square foot lot, zoned LCC3 and located in South Los Angeles. Can be delivered vacant or with LOI's in hand offering an approximate 7.7% in-place cap rate upon purchase. Successful Hardware Store with an Estimated $360,000 in equipment sold with Property (no cost for inventory to successful Buyer). Perfect for Owner-User/Investor. Strategically positioned between 7-Eleven and El Super (rapidly expanding supermarket chain), the subject property enjoys prime visibility and accessibility. Just east of Firestone Blvd and Central Ave, this intersection is the main retail corridor serving the surrounding 53,000 single-family homes with an average of 4.2 persons per household in a 2-mile radius. From national brands like KFC, Taco Bell, Family Dollar, Church's, and Burger King, to local services like laundry, auto repair, florist, barbershop, mobile phone provider, and church, 1118 Firestone is in the center of it all.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LCC3*

Building

Story 1

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Maher Commercial Realty
Bought with Non-Participant Office

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agent

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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