SOLD

2,501 SqFt

Bldg Size

5,430 SqFt

Lot

Description

The subject property consists of a two unit retail building.  The property  is occupied by the U.S. Marines and a flower shop.   The Marines’ 5 year lease commenced on February 15, 2018 and prior to moving into the unit, the building was upgraded at a cost of roughly $300,000, with the U.S. Government paying approximately $250,000 of the total build out cost and the current owner covering the balance of approximately $50,000.   Most of the building was stripped down to the bear bones and built back up brand new.   A brand new roof was installed in 2016 as well.

 

The flower shop tenant has been at this location for approximately 1 year and they have just entered into a brand new 2 year lease commencing May 1, 2018, demonstrating their commitment to the site.

 

Presented by:

Chris Comfort
Director

424-293-8085 x 101
Email: [email protected]

Click here to email

 

 

Address

Address: 3554 E 1st St Los Angeles, CA
  • Country: United States
  • Province / State: California
  • City / Town: Los Angeles
  • Postal code / ZIP: 90063
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  • Property ID 3102
  • Price $1,045,000
  • Property Type Retail
  • Property status Sold
  • Size 2501 SqFt
  • Land area 5430 SqFt

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