PROPERTY DESCRIPTION
The Hirth Group of KW Commercial has been selected to exclusively market for sale 2600-2612 Southwest Drive, Los Angeles, CA 90043. Park Mesa Heights is located right next to the ever-gentrifying Inglewood area and is one of the most densely populated areas in Los Angeles. The subject property consists of 5 retail storefronts and 1 office. This is an ideal opportunity for an investor looking to make a stable cashflow from day one with a phenomenal 6.80% Cap Rate.
2600-2612 Southwest Drive is a mixed-use property with approximately 5,390 SF of building on a 7,941 SF lot.
The subject property was built in 1925 and has a total of 6 units, consisting of 5 retail storefront and 1 office unit. The anchoring tenant is a liquor store which executed a new lease in 2017 with three 5 year options and 10% increases beginning in 2022. The other tenants include: A tattoo shop, appliance repair shop, an artist, and a office. Majority of the tenants are month to month, allowing the new owner to increase rates immediately.
contact information
DANIEL HIRTH
310.300.2838
License CA 01515796
ALEX REYHAN
310.300.3181
License CA 02005428
ELIJAH SUVAL
310.300.3180
License CA 02024364