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Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22191913
Sold Date 06/29/23
HOA Y/N No
Year Built 1958
Lot Size 7,797 Sqft
Property Description
This Commercial retail space is a 6.72% Cap Rate. The two leases and tenants take care of ALL expenses except Taxes and Insurance. One unite is a barber shop and the other unit is a smoke shop. Two long term tenants for over 20 years. Property was recently renovated for both units. One of the leases expire December 2022, so buyer may decide not to renew. Recent Appraisal Available - Commercial Retail Properties that are rented to two tenants. On busy South Crenshaw Blvd, South of Rosecrans and North of Marine. Recently renovated. Property is both 14510 S. Crenshaw Blvd and 14512 S. Crenshaw Blvd. Parking spaces in the back. Each unit has its own bathroom.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Fireplace No
Laundry See Remarks
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 4064012010
Financing Cash
Special Listing Condition Standard
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Bought with Shegun Alabi • Victory Realty Group
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