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$ 4,000,000
Est. payment | /mo
7,413 Sqft Lot
$ 4,000,000
Est. payment | /mo
7,413 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26021393
HOA Y/N No
Year Built 1935
Lot Size 7,413 Sqft
Property Sub-Type Business
Property Description
Prime street-front retail investment located on Pacific Boulevard, one of the highest-grossing retail corridors in Los Angeles County. The property consists of a 6,720 SF commercial building on a 7,414 SF lot and is 100% leased under a Triple Net (NNN) structure, providing passive income with minimal landlord responsibilities.
The lease includes strong contractual rent increases beginning in 2026, offering significant built-in NOI growth through the remaining lease term ending February 2031. Tenant is responsible for property taxes, insurance, and maintenance, helping protect ownership from rising operating costs.
Strategically positioned near the signalized intersection of Pacific Blvd and E Gage Ave, the asset benefits from excellent visibility, heavy foot traffic, and strong surrounding retail synergy. This dense infill trade area serves over 400,000 residents within a 3-mile radius and has historically maintained low retail vacancy rates.
Recent capital improvements include a professionally completed roof coating system with transferable warranties, reducing near-term capital expenditure needs.
An opportunity to acquire a stabilized NNN retail asset with secure in-place income and strong future rental growth in a supply-constrained urban retail market.
The lease includes strong contractual rent increases beginning in 2026, offering significant built-in NOI growth through the remaining lease term ending February 2031. Tenant is responsible for property taxes, insurance, and maintenance, helping protect ownership from rising operating costs.
Strategically positioned near the signalized intersection of Pacific Blvd and E Gage Ave, the asset benefits from excellent visibility, heavy foot traffic, and strong surrounding retail synergy. This dense infill trade area serves over 400,000 residents within a 3-mile radius and has historically maintained low retail vacancy rates.
Recent capital improvements include a professionally completed roof coating system with transferable warranties, reducing near-term capital expenditure needs.
An opportunity to acquire a stabilized NNN retail asset with secure in-place income and strong future rental growth in a supply-constrained urban retail market.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Interior
Heating Forced Air
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 3
Water Public
Others
Tax ID 6320031020
Special Listing Condition Standard
Listed by Makoto Ozaki Person Realty Inc. 949-662-8805, DRE #02194514
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