LOS ANGELES, CA
11156 S MAIN STREET
LOS ANGELES CA 90061
11156 S Main Street Los Angeles CA 90061
Address:
Property Type:
Single Tenant
Price:
$1,800,000
Building Square Feet:
6,000 SF
Lot Size:
0.29 Acres
Price Per Square Foot:
$300.00
Year Built/ Renovated:
1925/2020
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MARKETING PACKAGE
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Large Concrete Paved Yard Secured with Rolling Metal Gate
Seller Willing to Conduct Short-Term Leaseback of the Property
Centrally Located South-LA Property Immediately Proximate to both LAX and DTLA
Strong Market Fundamentals with Rent Growth of 29.5% in Trailing 36-Months
Centrally Located South-LA Property Immediately Proximate to both LAX and DTLA
Investment Highlights
Marcus & Millichap is pleased to offer for sale 11156 South Main Street, which is comprised of a single free-standing building on one legal parcel. The property, built in 1925 and renovated in 2020, of concrete tilt construction consists of +/- 6,000 square feet of rentable building area on +/- 12,548 square feet of concrete paved, C-2 zoned land. The property is 100% owner occupied and after the close of escrow a short leaseback could be possible to wind the business down at this location or it would be delivered vacant. This represents a rare opportunity for both owner-users and investors alike to have an interest in acquiring this property.
The property is located on the south side of Main Street just south of East 111th Place. It features over 80 feet of frontage along the highly trafficked road that allows for tremendous visibility for a small business as well as ease of access into the rolling metal gate. The property is also less than 10 miles from LAX and Downtown Los Angeles . This well-located, free-standing building has the potential to be a great fit for a local owner/user or investor looking to expand their footprint within the South Los Angeles Submarket.
Investment Overview
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2022 Marcus & Millichap. All rights reserved.