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$799,000
Est. payment /mo
1,460 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,460 sqft
Price per Sqft $547
MLS Listing ID 26661991
Year Built 1946
Lot Size 4,721 Sqft
Acres 0.1084
Property Description
Single Tenant NNN 7.97% CAP RATE at Asking Price. Used to be a laundry mat. Property is plumbed out for laundry and has heavy power to operate a laundry business. Current tenant has been there since 2023 and just exercised an option to extend the lease for another 3 years. Roof was replaced several years ago and is said to be in good condition per ownership. High Cash Flow Deal with a great Cap Rate. Not City of Los Angeles.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LCC3*
Exterior
Garage Spaces 8.0
Building
Story 1
Others
Special Listing Condition Standard
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Listed by SP Residential Inc
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