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Listed by Manvel A Solakian • Keller Williams R. E. Services
$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-25082220
Year Built 2006
Property Sub-Type Retail
Property Description
Mini shopping center built in 2006--an exceptional investment opportunity with rare availability and potential for owner occupancy. Prime location at a signalized, high-traffic intersection of Maclay Ave & 5th Street, just two blocks from Glenoaks Blvd, with convenient access to the 5 and 210 freeways. Competitively priced for a quick sale and easy financing, boasting a 5.17% cap rate--higher than the local average of 4%. Features 8 parking spaces (3.28 spaces per 1,000 SF leased), excellent visibility, and an ideal unit layout. The property includes three ground-floor retail units (approximately 400 SF each) and six upstairs office spaces (approximately 150-200 SF each). DO NOT DISTURB TENANTS
Location
State CA
County Los Angeles
Area Sf - San Fernando
Interior
Laundry None
Building
Lot Description Walkstreet