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2401 Martin Luther King Jr. BLVD. Los Angeles, CA 90008
2401 Martin Luther King Jr. BLVD.
Los Angeles, CA 90008
$1,800,000.00
Property Type Retail Status For Sale
Parking
No Property Parking | Ample Street Parking

 

MULTI-TENANT RETAIL SPACE FOR SALE

Premises: ± 5,520 SF Building
7 Tenant Retail Spaces ± 6,800 SF Land
Price: $1,800,000
APN: 5034-018-001
Zoning: C2
Cap Rate: 6.9% Cap Rate (1 vacancy)
8.4% Pro Forma Cap Rate
Current NOI is $125,000 (1 Vacancy)
Fully Leased NOI is $151,500

Features
  • 7 Tenant Retail Space
  • Separately Metered Electricity and Gas
  • New Electrical Panel
  • No Property Parking | Ample Street Parking
  • Upgrade & Rehab Opportunity
  • Easy Access to the Leimert Transit Stop