See all 8 photos
8 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,190,000
Est. payment /mo
10,175 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,175 sqft
Price per Sqft $313
MLS Listing ID 26663999
Year Built 1960
Lot Size 0.530 Acres
Acres 0.53
Property Description
On behalf of ownership, we are pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest of 1427-1431 S Atlantic Blvd, East Los Angeles, CA 90022 (the "Property"). The Property consists of a 10,175 SF building on a 0.53 acre (23,101 SF) parcel of land. The Property is leased to East Los Angeles Women's Center. The tenant receives government grants, which subsidizes a significant portion of the rent. However, the tenant is operating under an existing lease with one (1) year left of term and no options. This allows an investor to collect rent while re-tenanting the property, or securing permits and entitlements for a redevelopment.The Property boasts outstanding frontage along Atlantic Blvd, a highly trafficked thoroughfare located just off the Interstate 5 Freeway, which sees more than 232,000 vehicles per day, and close to the 710 Freeway. With ample on-site gated parking and access, the Property provides an easy destination experience for customers. The area surrounding the Property is comprised predominantly of single-family housing, retail and industrial properties.The Property is a half mile north from Citadel Outlets, an expansive shopping center anchored by Disney Store, Starbucks, Nike, Puma, Chipotle, Converse, Auntie Anne's, Vans, GUESS, Sketchers, Ruby's Diner, Coach, Tommy Hilfiger, H&M, Under Armour, GAP, and other national many retailers.Similarly, the Property is half a mile south of Commerce Center, another expansive shopping center anchored by Target, Ross Dress for Less, WaBa Grill, Starbucks, Regency Theaters and several other national retailers.Given the Property's close proximity to several national retailers, strong traffic counts, dense infill location and easy access to the I-5 and 710 freeways it makes an ideal redevelopment and/or re-tenanting investment opportunity. Freeway adjacent properties with redevelopment potential rarely become available in Southern California.
Location
State CA
County Los Angeles
Area East La
Zoning LCC3*
Exterior
Garage Spaces 28.0
Building
Story 1
Others
Special Listing Condition Standard
Read Less Info
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Oakmore Inc
Nearby Locations
GET MORE INFORMATION