Properties
Los Angeles, CA 90059 2515 E 115th Place
$2,250,000
2 more
Presented By: Paul Conti with Harcourts Place; 714-418-3427
SQFT • 11,070
Home Details
Terrific opportunity for an investor to own a commercial property with three long-term tenants, consisting of a kitchen cabinet store, auto mechanic and furniture store. Tenants are well established in the neighborhood and provide stable rental income, with rent increases underway. Rental income and expenses information to be provided soon. This property is divided into three parcels, each consisting of each tenant. The purchase of all three parcels as one commercial property should be a terrific opportunity for an investor looking for stable, stress-free income in a commercial-light industrial area of Los Angeles with steadily increasing property values.
Presented By: Paul Conti with Harcourts Place; 714-418-3427
Interior Features for 2515 E 115th Place
Other Interior Features
LivingAreaSourceAssessor
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 2515 E 115th Place
Additional Parcels Description6067-024-059, 6067-024-053
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate2.64
CityLos Angeles
CountyLos Angeles
Current UseCommercial
DirectionsNorth of 105 Freeway, just west of Alameda St
Lease Considered Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet23120
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
Number Of Units Total3
Number of Units Leased3
Occupancy TypeTenant
PostalCityLOS ANGELES
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1962
Year Built SourceAssessor
Exterior for 2515 E 115th Place
Building Area Total11070
Lot Size Acres0.5308
Lot Size Area23120
Lot Size SourceAssessor
Number of Buildings3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
