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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$6,150,000

Est. payment - /mo

0.69 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 25551169

HOA Y/N No

Year Built 1997

Lot Size 0.687 Acres

Property Description

Proudly presenting an exclusive opportunity to acquire a stabilized, income-producing mixed-use office/retail building located in the heart of South Los Angeles, prominently anchored by Chase Bank, a strong national credit tenant. Constructed in 1997, the building has been exceptionally built and maintained with the highest standards. This well-positioned asset offers an immediate return with a cap rate exceeding 6.0%, providing strong in-place cash flow from established long-term tenants. Priced to sell, the property features significant upside through rental income growth and lease restructuring. Current lease terms offer the ability to implement operating expense reimbursements and adjust below-market rents, creating additional value for the investor. Strategically located in a dense urban corridor of South Los Angeles, the property benefits from high visibility, strong foot traffic, and proximity to major transportation routes and city landmarks. It sits approximately 7 miles from Downtown Los Angeles, 6 miles from USC and Exposition Park, and about 13 miles from LAX. The surrounding area is a vibrant, evolving community with a mix of residential, retail, and civic uses, offering long-term growth and tenant demand. This investment is ideal for those seeking a combination of immediate income and long-term value in a rapidly transforming submarket of Los Angeles.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAPF

Interior

Heating Central

Fireplace No

Building

Story 2

Others

Tax ID 6048012027

Special Listing Condition Standard

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Listed by Enrique Viramontes Remax Commercial and Investment Realty #01372010

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

10221 Compton AVE Los Angeles, CA 90002

Jessica Panzica

Key Details

Location

Interior

Building

Others

Nearby School & Business

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