5405 S Figueroa St | Los Angeles, CA 90037
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- LoopNet Team
5405 S Figueroa St
Los Angeles, CA 90037
ENVIRONMENTAL DISCOUNT $700K · Retail Property For Sale
Investment Highlights
- 2/1000 sf parking req. w/ State Enterprise Zone allowing for a Medical/Restaurant Use
- Signalized Corner Location - Anchored by 2 National Credit Tenant - End Cap Donut Space Rolling Over at End of Year
- 1,200 AMP, 600V, 3 Phase Power - 14 Foot Ceiling Height
- 53% of SF Available December 31st 2022 - 90% SBA Financing Opportunity
- Stabilized Cap Rate Opportunity Through Triple Net Conversion - Pro Forma 6.83% @ $2.50 NNN Stabilized
- 6,314 SF Contiguous SF Available 12/31/22 - 3 Retail Suite with End Cap (owner-user or investor lease-up)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,544 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.54 AC
Zoning
C2-1, Los Angeles - Neighborhood Commercial
Parking
22 Spaces (1.91 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 5001-024-034 | Improvements Assessment | $1,109,572 |
| Land Assessment | $2,589,021 | Total Assessment | $3,698,593 |
PROPERTY TAXES
Parcel Number
5001-024-034
Land Assessment
$2,589,021
Improvements Assessment
$1,109,572
Total Assessment
$3,698,593
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