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$1,200,000
DW26039713 MLS Active Status
This 3 unit strip center is located in the dense infill neighborhood of City Terrace in East Los Angeles. The property consists of a laundrymat tenant, a nutrition tenant, and one small vacancy of 638 sq. ft. The property is well located at a signalized intersection and has major upside potential. Small unit sizes make them easy to rent at a higher rent per sq. ft. than larger units would lease for. The lot has 12 parking stalls to provide easy access to tenants and customers. The property also has the potential for an owner user to operate one of the units or the laundrymat. LOCATION DESCRIPTION City Terrace is a well-established residential and commercial submarket located in unincorporated East Los Angeles, just east of Downtown LA and minutes from the Arts District, Boyle Heights, and USC Health Sciences Campus. The area is characterized by dense infill neighborhoods, strong local retail demand, and consistent traffic driven by a large, multigenerational population base. Positioned along key east-west corridors such as City Terrace Drive, 1st Street, and Olympic Boulevard, the neighborhood provides efficient access to Downtown Los Angeles (10 minutes), the I-5, SR-60, and I-710 freeways, making it a strategic location for neighborhood retail, medical, service, and last-mile commercial uses.

3200 City Terrace, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.