11671-11685 S Atlantic Ave
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11671-11685 S Atlantic Ave
11,423 SF 100% Leased Retail Building Lynwood, CA 90262 $3,000,000 ($263/SF) 5.20% Cap Rate
Investment Highlights
- Fully occupied with room to increase rents and low maintenance.
- North of the 105 freeway and east of the 710 freeway.
Executive Summary
Commercial Retail and Residential Income Mixed Use total 12 units in the heart of Lynwood. Excellent income producing property and opportunity to own a mixed use 7 commercial retail spaces and 5 residential apartments. It is located on a very busy street
with incredible visibility, heavy foot traffic and high walkability.
with incredible visibility, heavy foot traffic and high walkability.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,423 SF
Building Class
C
Year Built
1946
Price
$3,000,000
Price Per SF
$263
Cap Rate
5.20%
NOI
$156,040
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.46 AC
Zoning
C3, Lynwood - Stores and Residential
Parking
25 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
202 FT on S. Atlanic Ave
Amenities
- Restaurant
- Storage Space
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $937,032 | |
Land Assessment | $847,790 | Total Assessment | $1,784,822 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$847,790
Improvements Assessment
$937,032
Total Assessment
$1,784,822
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11671-11685 S Atlantic Ave
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