1400 E. Florence, Los Angeles, CA
Office for Sale - $900,009 - 7,910 Sq. Ft.
Property Info
CIMLS# | 1073357 |
Location 1400 E. Florence Los Angeles CA 90001 | |
Updated | May 24th, 2020 |
Type | Office |
Price | $900,009 |
Building | 7,910 Sq. Ft. |
Property Description
MULTI-TENANT MIXED-USE OFFERING!!! This high profile, fully occupied, mixed use retail/office/residential building is comprised of two free-standing structures with street level retail spaces. This property features 7,910 square feet of rentable space residing on a 4,400 square foot parcel. The unit mix is comprised of 7 retail/commercial units and 3 studio apartments, totaling 10 rentable units. Situated on the busy lighted intersection of East Florence Avenue and Parmelee Avenue, this location boasts a hefty traffic count of 21,634 per day. This location is surrounded by an array of major retailers including Pizza Hut, Jack In The Box, Western Union, and O' Reilly Auto Parts. Investors have an opportunity to own this high identity property, with strong fundamentals, at a price well below replacement cost. Mixed-Use buildings like this rarely come available in Los Angeles.
Situated just over a mile from Interstate 110 with Interstates 10 and 105 to the North and South respectively. This property is very central to Los Angeles with ease of access to the rest of the county