Commercial building in Southern Los Angeles

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Commercial building in Southern Los Angeles

$3,200,000
$2,821 /m²
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  • Total area
    1,134 m²
  • Yield
    6.2%
Details
Property parameters
  • Land area: 710 m²
  • 2-floor building
Financial performance
  • Annual income: $191,444
Tenants
  • Occupancy: 90%
Transaction costs
  • Broker: 2.0%

It is a retail and office building investment in Huntington Park.

Description

The total area of the two-storey building is 1,134 m².

The plot of 710 m².

The ground floor accomodates retail unitsl, the first floor accomodates offices.

90% of the areas are leased out.

Financial performance

Absolute income is 198,400 $.

The current yield of 6,2%.

Broker's fee of 2%.

Location and nearby infrastructure

The property is located at the intersection of the two busy streets.

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    Marina Filichkina
    Marina Filichkina,
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