122-124 S La Brea ave
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122-124 S La Brea ave
2,766 SF 100% Leased Retail Building Los Angeles, CA 90036 $3,206,000 ($1,159/SF)
Investment Highlights
- Currently there are two retail stores comprised of 2,766 square feet per the owner rent roll
- Upgraded in recent years with the addition of retail space in the rear, including 20-foot ceilings, parking area as well as earthquake upgrades
- There is street parking on La Brea Ave as well as one handicap and 2 regular parking spaces in the rear accessed by the public alley
Executive Summary
The Property is being offered for sale as and investment or alternatively, for a user occupier. Currently there are two retail stores comprised of 2,766 square feet per the owner rent roll. The tenancy includes the American Rag brand retail outlet occupying approximately 70% of the space and a local independent golf club and accessory supplier in the balance of the space.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,766 SF
Year Built
1939
Price
$3,206,000
Price Per SF
$1,159
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.20 AC
Zoning
LAC2 - Commercial Store - One Story
Parking
6 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
84 FT on South La Brea Avenue
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $927,277 | |
Land Assessment | $4,786,353 | Total Assessment | $5,713,630 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,786,353
Improvements Assessment
$927,277
Total Assessment
$5,713,630
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122-124 S La Brea ave
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