861 North Western Avenue, Los Angeles, CA 90029

$1,988,000 Approx. USD 0 beds, 0 baths
4,846 sqft

Agent Remarks

4 unit retail strip center on Western Ave near Melrose in a highly populated area with heavy traffic. Current tenants are Thai Restaurant, Liquor Store, and Fitness Center. Owner operates the Laundromat business. Long term tenants. Rents are below the market rate with upside potential. All tenants are on a modified gross basis. Drive By only. Please do not disturb tenants. Property to be sold in "As Is" present physical condition. Sellers will not make any repairs. Buyers to cooperate with Sellers 1031 Tax Deferred Exchange. Proforma rent is based on $2/sqft modified gross.

Listing Details

Property type: (Commercial)
Status: Active
MLS# WS16198394
List price is $1,988,000 Reduced by $300,000 on 11/1/2016
Beds: 0
Baths: 0
Built in 1961
4,846 sqft
0.20 acres
Lot size: 9002.000
County: Los Angeles
Zoning: LAC4
MLS area: C20 - Hollywood

Last Updated: 11/22/2016

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This listing belongs to the C20 - Hollywood MLS area

The listing is zoned LAC4.
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Lat/Long: 34.085876, -118.309532.
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Listing Agent: ELLEN FU

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Out of households, are families.

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