4111 City Terrace Dr | Los Angeles, CA 90063
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- LoopNet Team
4111 City Terrace Dr
Los Angeles, CA 90063
Retail Property For Sale
Investment Highlights
- Both leases are on a M-M basis, presenting new owner with flexible options to either occupy all or a portion of the building while generating income
- Current FAR of roughly 52.1% allowing for potential redevelopment and addition of square footage (consult with City)
- Great visibility off City Terrace Drive on a signalized intersection, centrally located off the 710 and 10 freeways
- Great owner-user property, ability to take advantage of favorable SBA financing
- Proximity to Cal State LA Station Metrolink and other public transport
- Long seasoned tenants (Barber Shop and Beauty Salon)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,200 SF
Building Class
C
Year Built
1927
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.05 AC
Zoning
LCC3 - Check with County of LA
Parking
2 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
25 ft on City Terrace Dr
PROPERTY TAXES
| Parcel Number | 5226-009-018 | Improvements Assessment | $313,321 |
| Land Assessment | $471,473 | Total Assessment | $784,795 |
PROPERTY TAXES
Parcel Number
5226-009-018
Land Assessment
$471,473
Improvements Assessment
$313,321
Total Assessment
$784,795
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