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Retail building in Hollywood with a 6% yield

3,210,000 $
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Total area: 836 m² Yield: 6.0%
  • Land area: 1,431 m²
  • Built in 1957
  • 1-floor building

It is a multi-functional commercial building. Description

The total area of a single-storey building is 836 m².

The plot of 1431 m².

The property was built in 1957 and undertook complete renovation in 2008.

There is a parking nearby.

All areas are leased out to three tenants.

Financial performance

Absolute income is 192,600 $.

The current yield of 6%.

Broker's fee of 2,5%.

Tenants

The tenants are Kidz Kingdom kindergarten, VAN Bakery and Simple Floors furniture store.

All tenants are seasoned and have been at this location since 2008.

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Georgiy Buznik
Georgiy Buznik
Real Estate Expert Tranio in Los Angeles
+44 20 3608 1267
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