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]
Address
- Country: United States
- Province / State: California
- City / Town: Los Angeles
- Postal code / ZIP: 90063
- Property ID 3102
- Price $1,045,000
- Property Type Retail
- Property status Sold
- Size 2501 SqFt
- Land area 5430 SqFt
Nearby Places
Walk Score
-
83
Walk Scores Very Walkable View more
-
55
Bike Score Bikeable View more
Contact
