Property Listing No Longer Available for Sale

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
UpdatedMay 24th, 2020
TypeOffice
Price$900,009
Building7,910 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



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