4181 S. Figueroa St, Los Angeles, CA
Retail for Sale - $2,195,000 - 11,076 Sq. Ft.
Property Info
CIMLS# | 877012 |
Location 4181 S. Figueroa St Los Angeles CA 90037 | |
Updated | July 21st, 2016 |
Type | Retail |
Price | $2,195,000 |
Building | 11,076 Sq. Ft. |
Property Description
This Retail/Residential property is located at the signalized corner of S. Figueroa & 42 St. The property consists of single story retail building and a two-story residential building separated by a parking lot totaling 11,076 SF on 12,872 SF C2 zoned lot.
The offering consists of four retail tenants totaling an approx. 6,002 SF. The tenants consist of a Mini Food Mart Grocery Store, The Dollar House, El Sazon K-Tracho Restaurant, and one vacancy. The Mini Food Mart, Dollar House, and the vacancy have a mezzanine space used as additional storage. The Restaurant has an ADA compliant bathroom and central air.
The 2 story residential building is located at the west portion of the lot on 42 St. It is comprised of 4 units and totals approx 5,074 SF.
The subject property is currently fully leased with 3 of the residential tenants and the Bike Shop on a month to month tenancy.
Location Description:
The subject property is located at the Northwest signalized corner of S. Figueroa and 42nd St.
The site is approximately 1/2 a mile south of the University of Southern California Campus & the Los Angeles Memorial Coliseum, which will be the temporary home of the Los Angeles Rams football team until their stadium in Inglewood is complete. The offering is also just one block west of the 110 Freeway on ramp.
The demographics in the immediate area offer over 70,000 people residing within 1 mile radius and over 500,000 people residing within a 3 mile radius; thus offering excellent infill and density.
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