Retail Space For Lease @ 4406-4414 W 2nd St. & 201-207 S. Western Ave.
4406-4414 W 2nd St. & 201-207 S. Western Ave., Los Angeles, CA 90004
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Michael C.
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SVN is pleased to present 4406 W 2nd St. for sale as an investment or an Owner/User opportunity. The subject property is a mixed-use retail/office building comprised of 2 structures situated on a signalized corner lot. Strategically located on one of the busiest corridors of Koreatown, Los Angeles, the vehicles per day (VPD) clocks in at approximately 40,000 cars. LA Mattress Store serves as the primary tenant in this building and is a profitable regional mattress store with 6 locations stretched across Los Angeles from Santa Monica/West LA to Studio City and Glendale. The remaining tenant roster consists of local professionals and creatives occupying office suites throughout the 2nd floor of the building and the adjacent building rented out as an entertainment studio.
4406 W 2nd St. offers Investors a unique and flexible opportunity to capitalize on the cash flow at approximately 5.7% CAP rate with over 20% rental upside and/or occupy one or several units as an Owner/User. Please call Broker for more information or to schedule any tour requests. DO NOT disturb tenants, drive-by ONLY. Buyer to verify and confirm all information provided during due diligence. This space offers accomodations for: street retail.
Pricing: Negotiable
Availability: Now
Listing ID: 3316998