Property Listing No Longer Available for Sale

752-754 S. Atlantic Blvd, Los Angeles, CA

Retail for Sale - $595,000 - 4,500 Sq. Ft. on 0.13 acres


Property Info

CIMLS#857292
Location
  752-754 S. Atlantic Blvd
  Los Angeles CA 90022
UpdatedDecember 5th, 2016
TypeRetail
Price$595,000
Building4,500 Sq. Ft.
Land0.13 acres

Property Description

This 2 tenant retail property consists of an approximate 4,500 SF (Per Seller) building on 5,483 SF LAC3 zoned lot. It is located just 2 parcels north of major signalized intersection of Whittier Blvd & Atlantic blvd. The offering has excellent frontage with approximately 44 FT along Atlantic Blvd and an approximate car traffic count of 24,000 cars per day. It is easily freeway access, less than 1 mile from the 710, 60 and 5 Freeways.

The offering is 100% occupied. The tenants include a Custom Drapery store and a Thrift Shop. Both tenants are on a month to month lease at below market rent. There is on-site parking at the rear of the property in addition to plenty of street parking.

The property is situated within an area that is comprised of clusters of family residences and retail properties. The retailers in the area consist of Pizza Hut, Chase, T-Mobile, Citi Bank, Verizon Wireless, McDonald's, Carl's Jr., K-Mart, El Super Market, Target, Payless Shoesource, Rite Aid, Foot Locker, Wells Fargo, Subway, Starbucks, Taco Bell, Cricket Wireless, Bank of America, AT&T, Little Caesars, Wingstop, Baskin Robbins, Dollar Tree, O'Reilly's auto parts, Burger King, among a few...

This location benefits from strong population demographics, with over 49,000 people residing within a 1-mile radius and just over 250,000 people residing within a 3-mile radius.

This offering will attract an investor who is looking for a Street Retail property with a good tenant mix on a busy commercial thoroughfare with upside in rent in an area with strong residential and commercial demographics.

Location Description:

The Subject property is located 2 parcels north of Whittier Blvd on the East-side of Atlantic Blvd. The offering has excellent frontage with approximately 44 FT along Atlantic Blvd and an approximate car traffic count of 24,000 cars per day. It is easily accessible by freeway, less than 1 mile from the 5 Freeway and 710 Freeway.

The property is situated within an area that is comprised of clusters of family residences and retail properties. The retailers in the area consist of Pizza Hut, Chase, T-Mobile, Citi Bank, Verizon Wireless, McDonald's, Carl's Jr., K-Mart, El Super Market, Target, Payless Shoesource, Rite Aid, Foot Locker, Wells Fargo, Subway, Starbucks, Taco Bell, Cricket Wireless, Bank of America, AT&T, Little Caesars, Wingstop, Baskin Robbins, Dollar Tree, O'Reilly's auto parts, Burger King, among a few...

This are benefits from strong population demographics, with over 49,000 people residing within a 1-mile radius and just over 259,000 people residing within a 3-mile radius.

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