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Rose & Co. Commercial Group.
Property image for 2214–2218 W. Florence Ave

For Sale · Active

2214–2218 W. Florence Ave

Los Angeles, CA 90043

Asking Price

$849,000

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Los Angeles, CA

Property Details

Overview

Property Type
Retail
Building Size
2,500 SF
Parking
Approximately 7 designated parking spaces with front and rear access
Metering
Retail spaces are separately metered
Year Built
1941
Zoning
LAC2
Cap Rate
4.00%
Parcel Number
4009-001-004

The Opportunity

Property description

A four-unit retail property with separately metered spaces and private restrooms. Current rents are $1,850/month for Unit 2218, $1,815/month for Unit 2216, and $1,750/month for Unit 2214 1/2 (Mini Market). Unit 2214 is vacant at $1,700/month, or $1,750/month with A/C; water, trash, and parking are included for the vacant unit.

Property Highlights

  • Four-unit multi-tenant retail configuration
  • Unit 2218: $1,850/month
  • Unit 2216: $1,815/month
  • Unit 2214 1/2 – Mini Market: $1,750/month
  • Unit 2214 vacant: $1,700/month, or $1,750/month with A/C
  • Water, trash, and parking included for vacant Unit 2214

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