Property Listing No Longer Available for Sale

1851 W Imperial Hwy, Los Angeles, CA

Retail for Sale - $1,149,000 - 5,630 Sq. Ft. on 18975 acres


Property Info

CIMLS#760437
Location
  1851 W Imperial Hwy
  Los Angeles CA 90047
UpdatedApril 13th, 2015
TypeRetail
Price$1,149,000
Building5,630 Sq. Ft.
Land18975 acres

Property Description

1851 W Imperial is one of the best corner retail locations in the area. With vehicle above 30,000 cars per day, walking distance of Los Angeles Southwest College with over 8,000 students, faculty and employees as well as proximity to light rail and two major LA Freeways, this location boasts some of the best visibility a retailer could find.

Currently being operated as a for-profit K-1st grade school (currently on month-to-month lease), this property is being offered for the first time in nearly 25 years. 1851 Imperial also enjoys income from a double sided ClearChannel billboard which produces additional income of $6,600/year (lease now at month-to-month). New owner can re-negotiate billboard lease, use to promote own business, or savvy media expert can fill the space themselves for tremendous profit.

PLEASE DO NOT DISTURB TENANT, THANK YOU. PROPERTY WALKTHROUGHS AVAILABLE UPON REQUEST.

Location Description:

Situated less than 15minutes from Downtown Los Angeles and Los Angeles International Airport (LAX) 1851 Imperial boasts tremendous visibility, traffic and retail potential. 1851 Imperial is located on the northeast corner of Imperial Highway (one of the busiest Highways in Los Angeles Count) and St. Andrews Place. It is within walking distance of Los Angeles Southwest College with a daily population of over 8,000 students, faculty and employees and sits directly across the street from a very bush Food 4 Less.

This corner location boasts proximity to the I-105 and I-110 Freeways, as well as proximity to the Metro Green Line's Crenshaw and Vermont/Athens Stations.

Highlights:

>> Below market (retail)

>> First time on market in 25 years

>> 19,000SF corner location

>> Billboard income (billboard lease M2M)

>> 30,000 CPD

>> Roof upgraded in 2014

>> New Heating/AC, electrical, and roof work throughout

* Email for additional photos


Financials

Sales Info:

>> Commision split: 5.0%


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