$30,000,000 USD
Commercial for Sale, National Boulevard, Los Angeles, California 90064
- MLS#404411509
1,454 m² (15,646 ft²)
Listed By PAR Commercial Brokerage
The Commercial Property for Sale located at National Boulevard, Los Angeles, California 90064 is currently for sale. National Boulevard, Los Angeles, California 90064 is listed for $30,000,000.
Property features
Property
- Property size:
1,454 m² (15,646 ft²)
Lot/Land
- Land/Lot size:
3,001 m² (32,302 ft²)
Construction
- Year built: 1972
Description
This sale is for the properties located at 11700 National Boulevard, 11705-11711 National Boulevard and 2855 S. Barrington Avenue, and 11685-11695 National Boulevard and 2850-2852 S. Barrington Avenue ("The Properties"). 11700 National Boulevard has a GLA of approximately 15,646 SF with 100% occupancy and 41 parking spaces (APN# 4520-0014-026). 11705-11711 National Boulevard and 2855 S. Barrington Avenue has a GLA of approximately 8,576 SF with 100% occupancy and 31 parking spaces (APN# 4257-011-025). 11685-11695 National Boulevard and 2850-2852 S. Barrington Avenue has a GLA of approximately 9,575 SF with 43.92% occupancy and 12 parking spaces (APN# 4258-009-010). This unique offering presents the rare opportunity to acquire three corners at the highly visible intersection of National Boulevard and S. Barrington Avenue in Los Angeles. Strategically located in a dense Westside submarket with strong demographics and consistent traffic, these three properties offer stable in-place income with long-term upside. Collectively, the portfolio is projected to generate approximately $1,542,034 in annual net income based on 100% occupancy and current operating expenses. Rent roll and expense details are available upon execution of a buyer registration agreement.
Location
National Boulevard, Los Angeles, California 90064