4620-4620 3Rd St, Los Angeles, CA 90022

2,332 SF | 43% Leased | Retail Building | Los Angeles, CA 90022 | $1,100,000 ($472/SF) | 4.39% Cap Rate

Asking Price $1,100,000

Property Type
Retail
Square Feet
2,332 SF
Price / Square Foot
$472

Listing Contacts

Aaron Guido
Aaron Guido
Daniel Barriga
Daniel Barriga

Property Overview

This exceptional property at 4620 E. 3rd St., Los Angeles, CA 90022, stands out as a lucrative investment opportunity. Boasting a ground floor retail space under a long-term lease and a consistently occupied second-floor apartment, its unique features, including well-positioned parking and high-visibility pole signage for the ground floor, enhance its appeal. The potential for the ground floor to be delivered vacant at close makes it an ideal prospect for an owner-user, especially when considering financing options such as an SBA loan.
Nestled in the vibrant neighborhood of East Los Angeles, the area surrounding 4620 E. 3rd St. exudes a unique cultural charm and dynamic energy. With a rich tapestry of diverse businesses, local eateries, and community-centric spaces, this neighborhood offers a genuine sense of connection. Strategically positioned, residents and visitors alike benefit from the convenience of nearby amenities, ensuring a thriving atmosphere that contributes to the overall appeal of this East LA locale.

Property Details

Class
B
Year Built
1963
Stories
2
Property Subtype
Storefront Retail/Office, Storefront Retail/Residential, Office/Residential, Office Live/Work Unit
Lot Size (sq. ft)
6,970 SF

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